Posts tagged as:

consolidation

BofA CEO sees more consolidation in bank industry

by Moe Bedard

 The head of the nation’s largest consumer bank says the ongoing U.S. economic downturn will accelerate consolidation in the banking industry.
Bank of America Corp. (nyse: BAC – news – people ) chief executive Ken Lewis spoke Thursday to business students at New York University. He said the nation’s financial service companies are likely to come [...]

0 comments Read the full article →