Hints and tips:
...BankAmerica, as it was called at the time, had been hit by problems similar to those he had been grappling with on a wider plane: losses on loans to the developing world....
...This has been obvious as far back as Mr Pandit’s appointment in 2007, when Sheila Bair, then head of the Federal Deposit Insurance Corporation, deemed his career at Morgan Stanley no qualification to run...
...He told me, ‘Prince, Citi does not need any longer my connections in the Treasury, the FDIC [Federal Deposit Insurance Corporation, which insures US bank deposits] or the Federal Reserve’.”...
...He was a director of BankAmerica Corporation from 1993 to 1998 and currently also serves as a director of McDonald’s Corporation....
...NationsBank and BankAmerica merged to form what is now Bank of America, while Bank One and First Chicago NBD merged to create Bank One, which has since, after more moves on the mergers and acquisitions chess...
...America’s biggest corporations....
International Edition