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Bank of America CEO Lewis Retires

Bank of America CEO Lewis retires at year’s end. Lewis had faced criticism from investors, regulators and Congress after the bank’s acquisition of Merrill Lynch late in 2008. New York’s Attorney General Andrew Cuomo is hotly pursuing charges related to the Merrill Lynch deal. Lewis became head of the bank in April 2001. The role of chairman was taken from him in April after a close shareholder vote at the annual meeting. The bank’s board appoints Walter Massey as the new chairman of the board.”]

Source: https://www.bankinfosecurity.com/bank-america-ceo-lewis-retires-a-1826

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