Bank of Americaâs Chief Makes Big Bet
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Kenneth D. Lewis has gambled on bold acquisitions, but few of his bets match a deal to buy Countrywide Financial Corporation.
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Managing risk within a bank is not just a matter of relying on internal processes but also requires taking the right decisions at the top of the company, Citigroup  Chairman Win Bischoff said on Tuesday.
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CHARLOTTE, N.C. -- Shares of Barclays PLC rose more than 4 percent yesterday after an investment analyst advised clients that Bank of America Corp. may be interested in bidding for the London-based banking company.
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Chad K. Gifford is retiring earlier than initially expected as chairman of Bank of America, a title he gained when the bank acquired FleetBoston Financial Corp.
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By Joe Bel Bruno Associated Press  NEW YORK -- Morgan Stanley Inc., the second-largest U.S. investment house, gave chief executive John Mack $40 million in stock and options for 2006, reflecting the largest bonus awarded to a Wall Street CEO.
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Bank of America Corp. will move its Wealth and Investment Management division to its Boston offices. Of 10 senior executives that will be based in Boston, only two will come from Charlotte.
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Bank of America BAC.N is open to   buying a European bank if the price is right but such a move is   not among its strategic priorities, its Chief Executive Kenneth   Lewis was quoted on Saturday as saying.
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Bank of America Corp. chief executive Kenneth D. Lewis reaffirmed his bank&#39;s commitment to New England yesterday in a round of meetings in Boston with state
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Bank of America  is open to  buying a European bank if the price is right but such a move is  not among its strategic priorities, its Chief Executive Kenneth  Lewis was quoted on Saturday as saying.
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The company selected its American banking chief, Brady Dougan, for its top post.
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Boston Scientific Corp. chief executive James R. Tobin is putting his money where his mouth is.
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Roger Ailes will lead the effort to take on CNBC, which has been rebounding.
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The traditional asset manager is making a big play for alternative investments.
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Alvaro G. de MolinaÂs exit is a surprise given that Bank of America has had a string of successes of late.
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Bank of America says it&#39;s moving one of its four major business lines to Boston. The news of the decision to move the Wealth and Investment Management Business to Boston comes
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Citigroup Inc., the world&#39;s biggest bank, named Sallie Krawcheck chief financial officer and head of strategy, making her the highest-ranking woman on Wall Street.
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LAS VEGAS James Murren does not play the tables or slot machines. But boy, does he love to gamble. About three weeks ago, Murren, the president and chief financial officer of MGM Mirage, the $4 billion hotel