Former Fleet, BankBoston chief to exit in January
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NEW YORK -- Chad Gifford, the executive who built BankBoston and eventually sold its successor, FleetBoston Financial, in a landmark deal, will step down as chairman of Bank of America at the end of January.
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Bank of America said Thursday it will layoff 4,500 employees as part of the companyâs ongoing integration of FleetBoston Financial.
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The head of Cisco's service provider business, who was once seen as a possible successor to the CEO, is leaving the company.
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Scott B. Kapnick, a co-head of investment banking, will leave the firm after 21 years.
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BOSTON -- Bank of America, which was sharply criticized after it cut jobs at former Fleet branches here, said Friday it plans to move an additional 300 jobs from its Wealth &amp; Investment Management businesses to Boston.
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Dina Dublon, chief financial officer of JP Morgan Chase (JPM ), announced on Sept. 21 that she would be leaving by yearend. Considered one of the most powerful women on Wall Street, Dublon&#39;s departure is a
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Bank One said Thursday that its chief economist is leaving the company, less than two months after it was purchased by JP Morgan Chase &amp; Co.
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Bank of America Corp. Chief Executive Officer Kenneth Lewis is running afoul of Massachusetts politicians as he slashes jobs to increase earnings following his $48 billion purchase of FleetBoston Financial Corp.
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CHARLOTTE, NC - Bank of America said Thursday it will cut about 4,500 jobs beginning this month as a result of its merger with FleetBoston Financial Corp.
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Bank of America Corp. said yesterday it will eliminate 4,500 more jobs as it absorbs the operations of FleetBoston Financial Corp.
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Aug 19 - Over 1,500 bank tellers and other employees at Fleet bank branches across the US were given pink slips yesterday as Bank of America wraps up its $48 billion April 2004 merger with FleetBoston Financial, according to the Boston ...
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Bank of America Corp., the third-largest bank in the United States, said Thursday that vice chairman James H. Hance, Jr., will retire at the end of January 2005 after nearly 18 years with the company.
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Bank of America Corp. plans to put up its own signs at FleetBoston Financial Corp. branches across Boston today, marking the official end of the Fleet brand.
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The chief financial officer of WCI Communities, a struggling Florida home builder with plans to build a 22-story, luxury condominium tower in Columbia, said he would resign at the end of the year, just as the company seeks to work out a new financial agreement with lenders.
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Wachovia Corp., the fourth-largest US bank, on Thursday said its capital management chief will retire from the company and be replaced by the head of the group in charge of its integration with recently acquired SouthTrust Corp.
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Beleaguered bank Northern Rock says its chief executive Adam Applegarth has left the firm.
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Bank of America Corp. plans to lay off hundreds of tellers and other branch employees at Fleet banks today, asking them to leave the building immediately as part of the process, according to documents obtained by the Globe and Fleet branch managers told of the decision.