The General of BofA's Army

Adams, John
June 2004
Bank Technology News;Jun2004, Vol. 17 Issue 6, p34
Trade Publication
Highlights the challenges facing Bank of America Chief Executive Officer Ken Lewis in 2004. Uncertainty in the information technology climate; Bank of America's merger with Fleet; Payout in settlement and fines from the mutual fund scandal; U.S. Office of Federal Housing Enterprise Oversight's examination of Freddie Mac's servicing arrangements with Bank of America; Increased competition from Citigroup and JPMorgan Chase; Bank of America's addition of streamlined payment technology to its corporate credit-card payment system.


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