Bank of Americaâs Chief Makes a Big Bet
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Kenneth D. Lewis has gambled on bold acquisitions to build Bank of America into the nationâs largest bank, but  few of his bets match the acquisition of Countrywide Financial Corporation.
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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
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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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Roger Ailes will lead the effort to take on CNBC, which has been rebounding.
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Lehman Brothers sees a tough future for the home lender.
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One of the pioneers of offshoring tries to cash in.
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Citigroup, the world&#39;s largest banking group, promoted Sallie Krawcheck yesterday to the role of chief financial officer and head of strategy, making her arguably the most powerful woman on Wall Street.
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Chad Gifford, the influential Boston banker who sold FleetBoston Financial Corp. to Bank of America Corp. this year, will receive more than $16 million in severance pay when he retires in January, as well as access to a company jet and the right to purchase from the bank four tickets to 15 Red Sox games of his choice per year ...
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The deal will significantly bolster Bank of Americaâs position in the mortgage market while rescuing Countrywide from the jaws of possible bankruptcy.
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The chairman and chief executive of credit card issuer Capital One Financial , Richard D. Fairbank, was the most highly paid executive at a Washington area public company last year with total compensation of $37.4 million.
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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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Nearly a year after agreeing to buy FleetBoston Financial Corp., Bank of America Corp. has found it still has a lot of explaining to do in New England.
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Thousands of new customers across the Northeast are flocking to Bank of America Corp. , chief executive Kenneth D. Lewis said yesterday, despite a wave of bad publicity over layoffs and other business decisions.
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By Gilbert Chan, The Sacramento Bee, Calif.  Feb. 2--Bank of America wants its employees to go for the green.   In the largest campaign of its kind, the giant banking company today will unveil a $3,000 incentive program for more than 185,000 U.S.
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The deal rescues Countrywide, Americaâs largest mortgage lender and expands the financial services empire of Bank of America, the nationâs largest consumer bank.
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Bank of America Corp. (BAC.N: Quote, Profile, Research) on Tuesday named Chief Executive Officer and President Kenneth Lewis its chairman effective next year, replacing Charles &quot;Chad&quot; Gifford, who plans to retire.
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The company selected its American banking chief, Brady Dougan, for its top post.