Entries tagged "bank of new york"
Bank of America may have the desire to hire from outside to replace CEO Ken Lewis, but evidently no one wants the job as BNY's CEO Robert Kelly becomes the latest to decline an offer.
The Dow finished down 82.38, or 0.97%, to 8,447 while the Nasdaq fell 9.02, or .49%, to 1,835.04.
More layoffs were announced this week as banks merge, try to shore up capital and complete restructuring plans before the end of the year. The layoffs have branched out globally, affecting bankers throughout the world. ...