Banking, finance, and taxes
No New CEO For B of A, Wells Fargo Repays TARP
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Citigroup’s (NYSE:C) announcement that it will pay back its TARP funds was not enough news for the day from the banking sector.
Bank of America (NYSE:BAC) will not hire Robert Kelly current CEO of Bank of New York Mellon (NYSE:BK) He does not want Ken Lewis’s job.
Wells Fargo (NYSE:WFC) has disclosed that it will pay its $25 billion TARP obligation.
Douglas A. McIntyre
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