BofA to pay mortgage head more than CEO got in '07
The pay, which vests over three years, is 37 percent higher than the $20.4 million Bank of America Chairman and Chief Executive Kenneth Lewis was compensated in 2007 to run the second largest U.S. ban...
 

More

  • Sterling cashes in on improved risk appetite

    LONDON, April 2 (Reuters) - Sterling ticked up versus the euro and dollar on Wednesday, bolstered by an increase in risk appetite, but analysts said the longer term outlook for the British economy ...

  • Allianz ponders big German bank merger, report says - Summary

    Frankfurt - Amid pressures for another round of German bank consolidation, giant insurer Allianz SE is considering orchestrating a three-way merger between its banking offshoot Dresdner Bank, Commerzb...