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Last updated: 20:08:41 Thursday Dec 17, 2009


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  • Bank of America names Brian Moynihan as new CEO
    CHARLOTTE, N.C. - Bank of America's board of directors has chosen consumer banking chief Brian Moynihan to replace Ken Lewis as CEO of the nation's biggest bank on Jan. 1.   People:Ken Lewis   2009-12-16

    Obama implores top bankers to increase lending
    WASHINGTON - President Barack Obama implored top bankers Monday to help keep the fragile recovery from faltering by boosting lending to small businesses and getting behind an overhaul of financial regulation. "We rise and fall together," he declared.   People:Bill Clinton Barack Obama George W. Bush   Activities:Obama Admin. 2008 U.S. Financial Rescue   2009-12-14

    Bank of New York Mellon's Kelly says he's staying
    NEW YORK - Bank of New York Mellon Corp.'s CEO Robert Kelly told employees Monday that he isn't going anywhere, leaving Bank of America Corp. with one less candidate for its top job.   Source:(AP)   2009-12-14

    Dubai bailout, Exxon deal push Wall St to 14-month high
    NEW YORK (Reuters) - Stocks closed at 14-month highs on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions activity.   Nations:U.S.   Activities:U.S. Markets   2009-12-14

    Kelly in lead for BofA top job, pay an obstacle
    NEW YORK (Reuters) - Bank of New York Mellon Corp (BK.N) Chief Executive Robert Kelly is the front-runner to succeed retiring Bank of America Corp (BAC.N) CEO Kenneth Lewis, but compensation issues could get in the way of a deal, the Wall Street Journal said on Sunday, citing people familiar with the situation.   Source:(Reuters)   2009-12-13

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