Bank of America news from FierceComplianceIT

Risk management is a hot-button issue right now, the type that requires canned responses--duly vetted by the PR and IR folks--from all top executives. While many executives speak eloquently about the... Read more...

The recent moves by the SEC to potentially give shareholders of a certain size access to the proxy ballot were certainly profound. But another proposal, one that received less attention, may prove... Read more...

As if Bank of America's Ken Lewis didn't have enough to worry about. The Triangle Business Journal reports that in November 2007, Lewis sold his 2007 Porsche 911 turbo coupe, purchased a year... Read more...

We've been wondering if we were going to see some real fireworks at annual shareholder meetings this year. So far, we haven't been disappointed. Bank of America shareholders stripped Ken Lewis of his... Read more...

The financial services industry is somehow always engulfed in fraud, and whether real or perceived, fraud always seems to be in the media. (Right now, there is certainly no shortage of investigations... Read more...

None other than Ken Lewis, CEO of Bank of America, says that the golden era in financial services is ending. Can we say the same for the accounting profession, which was turbo charged by... Read more...

Believe it or not, Enron is still making news, the latest of which is good for many shareholders. A judge has approved a $7.2 billion settlement that will provide funds for those who purchased Enron... Read more...

Countrywide has no choice but to promise to do better. As the people increasingly question the wisdom of Bank of America's plans to purchase it, it faces criticism in other areas that get to internal... Read more...

When you're stuck in the gears of Sarbanes-Oxley compliance, it's sometimes hard to recall what the law was all about. The point was not to generate additional audit work and lots of headaches but... Read more...

Sallie Krawcheck of Citigroup and Alvaro De Molina of Bank of America are hardly the only CFOs who wanted out. Last year, 12 Fortune 50 CFOs opted to quit, and few would be surprised if the trend... Read more...