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Bankers face protests in Chicago
CHICAGO (Reuters) - A top banking industry group on Monday defended the practices of traditional banks while facing protesters who railed against Wall Street abuses.
Nations:U.S. People:Ken Lewis Barack Obama Activities:Global Financial Crisis Source:(Reuters)
2009-10-26
Report: BofA planning to cut 10 pct of branches
CHARLOTTE, N.C. - Bank of America Corp.'s CEO Ken Lewis said he is planning to shrink the bank's 6,100-branch network by about 10 percent, The Wall Street Journal reported Tuesday.
Nations:U.S. People:Ken Lewis Source:(AP)
2009-07-28
Banks could still find wiggle room in pay caps
NEW YORK - The squeeze on big paydays for executives of bailed-out banks will probably leave Wall Street plenty of wiggle room. Consultants on executive pay say the caps imposed by President Barack Obama on Wednesday will probably apply only to a few executives -- not star traders, brokers and salespeople who routinely earn whopping pay packages.
People:Ken Lewis Barack Obama Activities:2008 U.S. Financial Rescue Source:(AP)
2009-02-04
Dismal bank earnings presage more trouble ahead
NEW YORK - The hemorrhaging among the nation's biggest banks was supposed to have subsided after the government doled out $350 billion in federal bailout money last fall. That hasn't happened.
Nations:U.S. People:Ken Lewis Activities:Global Financial Crisis Source:(AP)
2009-01-16
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