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Wednesday, April 7, 2010 as of 11:14 AM ET

Sallie Krawcheck

Sallie Krawcheck

Sallie L. Krawcheck (born 1965), is the former president of the Global Wealth & Investment Management division of Bank of America.

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CORRECT (4/11): Bank Of America Realigns Units With New Management; Cuts One

("Bank of America Realigns Units With New Management; Cuts One," at 5:08 p.

m. EDT on April 11, misstated the first name of Thomas Montag in the fifth paragraph. The correct version follows:)NEW YORK -(Dow Jones)- Bank of America Corp. (BAC) is realigning its business divisions to reflect a renewed focus simplifying the bank and to better sell various products aimed at the same customers.The Charlotte bank, the nation's second-largest by assets, disclosed in a filing with the Securities and Exchange Commission Wednesday that it is cutting the number of its divisions to five from six, folding its credit-card operations into its retail and small-business banking business to form one consumer-banking division. Many banks have put more emphasis on selling credit cards to their own bank customers who visit branches.In addition, Bank of America said it will create one larger business-banking division, combining middle-market and large corporate lending. The latter was previously part of its c...

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  1. Thiel puts brand on Merrill with shake-up

    By Joseph A. GiannoneNEW YORK (Reuters) - John Thiel has moved out of Sallie Krawcheck's shadow, slashing Merrill Lynch manager jobs and taking steps to more closely...

  2. Thiel puts his brand on Merrill with shake-up

    By Joseph A. GiannoneNEW YORK (Reuters) - John Thiel has moved out of Sallie Krawcheck's shadow, slashing Merrill Lynch manager jobs and taking steps to more closely...

  3. Women Still Not Landing Top Jobs in Corporate America

    The highly publicized firing of Carol Bartz by the Yahoo (NASDAQ:YHOO) board and the departure of Sallie Krawcheck at Bank of America (NYSE:BAC) in recent weeks is t...

  4. Merrill's Thiel shakes up broker manager ranks

    NEW YORK (Reuters) - Bank of America Corp's <BAC.N> top Merrill Lynch brokerage boss, John Thiel, shook up the leadership ranks in a move that eliminated more than a...

  5. Krawcheck seen bidding final adieu to Wall Street

    By Jessica Toonkel and Ashley LauNEW YORK (Reuters) - Don't expect to see Sallie Krawcheck at the helm of another Wall Street bank.After her firing Tuesday from Bank...

  6. Insight: Extreme makeover Bank of America: An asbestos solution

    By Matthew Goldstein, Jennifer Ablan, Daniel Wilchins and Kristina CookeNEW YORK (Reuters) - It worked for asbestos so why not for toxic mortgages?When some look at ...

  7. BofA CEO Still on Thin Ice

    Bank of America (NYSE:BAC) Chief Executive Brian Moynihan may be solidifying his power by firing top executives and streamlining operations, but he still has some sk...

  8. What Led to BofA’s Sallie Krawcheck ’s Firing?

    FBN’s Charlie Gasparino on the factors leading to the firing of Bank of America’s Global Wealth and Investment Management president.

  9. BofA consumer bank, brokerage chiefs to step down

    By Joe RauchCHARLOTTE, North Carolina (Reuters) - Bank of America Corp, which has lost almost half of its market value this year, announced a broad reorganization on...

  10. BofA Announces Major Shake-Up in Management Ranks

    Two Bank of America Corp. (NYSE:BAC) executives will leave the company as it puts together a plan to reorganize its management, the bank said late Tuesday. Joe Price...

  11. Instant view: BofA announces reorg; Price, Krawcheck leave

    The news was announced by BofA Chief Executive Brian Moynihan, who appointed David Darnell and Tom Montag to the newly created positions of co-chief operating office...

  12. Wall St needs to speak clearly, listen harder: CEOs

    By Joseph A. GiannoneWASHINGTON (Reuters) - Individual investors are wading back into the market nearly three years after the financial crisis, but some U.S. brokera...

  1. READ: Mark Curtis (MD) to Sallie Krawcheck Email
  2. EXCLUSIVE: Citigroup’s Embarrassing Emails Reveal Mutiny

    Newly uncovered emails and documents from Citigroup (NYSE:C) that FOX Business has obtained reveal that Citi executives were in open insurrection against top managem...

  3. EXCLUSIVE: Sallie Krawcheck Plotting a Comeback

    What is Sallie Krawcheck up to these days?  Lots of yoga, running and planning a comeback to Wall Street -- at least that's what she is telling friends and associate...

  4. Sallie Krawcheck Prepping for Return to Wall Street?

    FBN’s Charlie Gasparino on former Bank of America President Sallie Krawcheck talking to potential employers in an effort to return to Wall Street.

  5. BofA to pay $11 million total to Price, Krawcheck

    (Reuters) - Bank of America Corp <BAC.N> said it will pay $11 million total to ousted executives Joe Price and Sallie Krawcheck , according to separation agreements ...

  6. BofA to Pay $11M Total to Price, Krawcheck

    Bank of America Corp said it will pay $11 million total to ousted executives Joe Price and Sallie Krawcheck, according to separation agreements filed by the bank Fri...

  7. Analysis: Brokers miffed as banks seek cross sales

    By Joseph A. GiannoneNEW YORK (Reuters) - Banks keen to grow revenue want their brokerage arms to pitch more loans and credit cards to clients, a plan resented by fi...

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