RSS feedBrian Moynihan
’“This is really getting nuts”
A fair summary of recent Bank of America events, from Gary Lynch, the bank’s top attorney.
The quote is from this week’s Bloomberg Businessweek cover story, which asks whether Brian Moynihan can stop the rot at the troubled bank (click below to read the piece):
The Bank of America “de-layering” bloodbath
Well, this is one way of trying to show that you’re in control and that Merrill Lynch is absolutely, totally, honestly, really, not going anywhere.
Here’s the top of the statement released by BofA on Tuesday evening:
The many Fingers in the BofA pie
The Wall Street Journal’s Deal Journal blog has provided lively coverage of the leadership vacuum at Bank of America, as well as colourful background to the bank’s shotgun marriage to Merrill Lynch.
On Tuesday,
BofA to hand over Merrill documents
Bank of America agreed to hand over documents detailing the legal advice it received during its purchase of Merrill Lynch, the WSJ said, citing people familiar with the situation. The reversal, which comes after months of resistance,