Bank of America chief quits

Ken Lewis, the embattled chief executive of Bank of America Corporation, is leaving after nearly a year of strife that followed his company’s acquisition of Merrill Lynch.

Bank of America chief quits

Ken Lewis, the embattled chief executive of Bank of America Corporation, is leaving after nearly a year of strife that followed his company’s acquisition of Merrill Lynch.

The bank, America’s largest by assets, said Mr Lewis, 62, decided on his own to leave and would retire as CEO and also leave the company’s board by the end of the year.

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