Awards for Excellence 2002
Bank of America
At a financial services conference in March an investor asked Ken Lewis whether he was considering making any acquisitions. Lewis, who had become CEO 11 months previously, gave a quick-witted response: “We’ve just eaten. We’re not hungry.”
That was just what investors wanted to hear. Today’s Bank of America is the result of a series of smaller acquisitions and larger mergers undertaken in the 1990s by the old NationsBank, under former CEO Hugh McColl.
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