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BofA names Moynihan as new CEO

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bank of america

Published Dec. 16, 2009 at 8:14 p.m.

Bank of America Corp.’s board has named Brian Moynihan as chief executive and president of the company. He will assume the office and join the board following the retirement of Ken Lewis on Dec. 31. (BAC) ...

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BofA director William McDonough to exit

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bank of america

Published Dec. 16, 2009 at 5:23 p.m.

Bank of America Corp. Vice Chairman William McDonough will retire from the bank’s board at the end of the year, the Charlotte-based bank says. (BAC) ...

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ING unit hires Wachovia exec

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wachovia

Published Dec. 16, 2009 at 3:41 p.m.

Charlotte banker Lynne Ford has been named chief executive of ING Financial Solutions, ING’s annuity and rollover business. (WFC) (ING) ...

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Who’s to blame for lack of loan modifications?

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bank of america

Published Dec. 10, 2009 at 2:50 p.m.

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Bank of America would never lie about their loan modification programs, would they? ...

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Good Fellows raise $243,000 for poor

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mayor, mccrory

Published Dec. 9, 2009 at 6:29 p.m.

Once again, Louise Williams' boys didn't let her down ... At their yearly Good Fellows Club lunch meeting on Wednesday, nearly 1,000 members and guests dug painfully deep, and stuffed about $243,000 into shopping bags to help the working poor ... Many gave because the hard times demanded it, and because their giving was a tribute to Williams, who was overseeing her 18th and final meeting ... “We are absolutely, fantastically happy that it went this well,” said Crowder Falls, a 30-year member

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Is Bobcats' Wallace an All-Star?

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bobcats, bobcats'

Published Dec. 9, 2009 at 5:25 p.m.

Some of you have approached me lately about whether Charlotte Bobcats forward Gerald Wallace has a shot at being an All-Star. Here's my thinking: ... The five starters for each conference are picked by the fans. The seven reserves are chosen by each conference's head coaches. I think that works in Wallace's favor. No way he'd be a starter, and he's more likely to be appreciated by the coaches than the general public (at least outside Charlotte) ... The East will have at least four forwards and

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Parent U taking sign-ups for second semester

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mecklenburg, unc, wachovia

Published Dec. 9, 2009 at 5:16 p.m.

Charlotte-Mecklenburg Schools' Parent University is launching second-semester registration, as officials celebrate a $250,000 donation that will keep the classes going for the foreseeable future ... The classes for parents, designed to guide them in helping their kids learn, debuted in fall 2008 as part of Superintendent Peter Gorman's push to get families more involved in schools. Almost 3,500 parents have taken classes this fall, and the district is now taking online sign-ups for winter/spring

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BofA pays back TARP

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bank of america

Published Dec. 9, 2009 at 5:07 p.m.

(By Rick Rothacker, rrothacker@charlotteobserver.com) ... Bank of America Corp. today said it has sent the U.S. Treasury $45 billion to repay U.S. taxpayers for all loans under the Troubled Asset Relief Program ...

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BofA repays TARP funds

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bank of america

Published Dec. 9, 2009 at 3:47 p.m.

Bank of America Corp. says it has repaid the U.S. Department of the Treasury $45 billion in federal funds from the Troubled Relief Asset Program. (BAC) ...

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