Bank of America chief executive Ken Lewis was approached by three former Merrill Lynch executives this year to discuss buying back some or all of their old company, but he politely rebuffed them, the FT has learnt. Dan Tully, former Merrill CEO, Launny Steffens, former head of Merrill’s private client business, and Winthrop Smith Jr, son of one of Merrill’s co-founders, met Lewis about two months ago to float the idea, Smith said. Dan Sontag, head of BofA’s global wealth management business, also attended the meeting.

This entry was posted by Gwen Robinson on Friday, June 19th, 2009 at 4:57 and is filed under Capital markets, M&A, People. Tagged with BofA, merrill lynch. Edit this entry.