By Dan Fitzpatrick and Joann S. Lublin
After fighting to keep his grip on the bank he helped build from a scrappy Southern outsider to the nation’s largest in assets, Bank of America Corp. Chief Executive Kenneth D. Lewis said he will resign by year end.
The 62-year-old Mr. Lewis, who has led the Charlotte, N.C., bank since 2001, notified the board of his decision Wednesday. A person close to him says Mr. Lewis was fed up with the criticism that haunted him following the takeover of Merrill Lynch & Co. The board had told Mr. Lewis it wanted to know how long he planned to stay. …
Continue reading Bank of America Chief Resigns Under Fire
