Bank of America CEO Ken Lewis is telling employees he welcomes the leadership of Walter E. Massey as the company’s new chairman.

Now that he’s lost his title as Bank of America’s chairman, Ken Lewis has to convince angry shareholders he should keep his job as CEO.

Ken Lewis, a man who thrived on scoring the next big deal, found himself sunk by one.

Ken Lewis has been ousted as chairman of Bank of America Corp. after shareholders angry about the company’s acquisition of Merrill Lynch & Co. voted to separate that job from that of the bank’s chief executive.

Ken Lewis, a man who thrived on scoring the next big deal, could be sunk by one.

Bank of America Corp. has delayed the release of a shareholder vote on whether Chairman and CEO Ken Lewis can keep both his jobs.

The California Public Employees’ Retirement System, or CalPERS, says it will vote against re-electing all 18 Bank of America board members, including CEO Ken Lewis.

The wait for news about the government’s stress tests of big banks and a crush of earnings reports are likely to keep Wall Street on edge this week.

Regulators have shut down American Southern Bank in Georgia, boosting the number of failures this year to 26 _ more bank closures than in all of last year.

New York’s attorney general said Thursday government officials pressured Bank of America Corp. CEO Ken Lewis to complete the bank’s purchase of Merrill Lynch, threatening his job security.