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Joe Price Named Bank Of America (BAC) Consumer Banking Head
Wednesday, January 13, 2010 - 8:38am | 264Bank of America Corp. (NYSE: BAC) Chief Executive Officer Brian Moynihan named finance chief Joe Price to head consumer banking, the biggest unit at the largest U.S. lender, seeking to curb losses in a $70 billion credit-card portfolio. Price will be president of the consumer, small-business and...
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Bank of America To Repay Bailout, Making Search For CEO (BAC)
Wednesday, December 2, 2009 - 11:37pm | 259Bank of America (NYSE: BAC) is planning to repay the Trouble Asset Relief Program Loans from the government worth $45 billion which includes a $20 billion loan to help ease the takeover of trouble investment banking firm Merrill Lynch. In the statement from Bank of America, they plan to repay the...