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Robert Diamond
Latest Headlines
Latest Headlines
Reform bill passes Congress with mixed reviews
After nearly a year of deliberations, the Senate finally garnered the necessary 60 votes to send the financial reform bill to the White House for final approval. The Dodd-Frank Wall Street Reform and Consumer Protection Act, or HR 4173 (.pdf), passed the Senate with a vote of 60 to 39 on July
Outsiders again the favorites in the CEO search?
The CEO search at Bank of America ( BAC ) was languishing so severely, the board had to pull out all the stops to pay of TARP. And that has indeed breathed new life into the search process. While the two inside candidates--Greg Curl and Brian Moynihan--seemed to have the upper hand just a week a
Update: Bank of America's CEO search
The Bank of America ( BAC ) board is under a lot pressure to find a new CEO. It basically has until Jan. 1--that's when departing CEO Ken Lewis will step down. There could be an interim CEO announcement, but for now the board seems to be moving toward a permanent pick.
The board may have bee
