1. Analysts speculated that Rice may be choosing to sell the bank now rather than turn over the reins to Lastinger. 2. Analysts said the results could help management, which has been under pressure to improve earnings or sell the bank. 3. Angry BofA employees accused their chief of selling the bank to enrich himself. 4. Banks were sold on expectations of a spate of defaults, and profits were weakened by slowing demand for money. 5. Banks were sold on expectations of a spate of defaults, as profits were seen weakened by slowing demand for money. 6. Brazil is bailing out and selling troubled banks, most owned, or formerly owned, by free-spending state governments. 7. But he could never bring himself to close the dying state-owned factories or sell failing banks. 8. By the end of the month, regulators must decide which ailing banks to sell, which banks to dissolve and which power companies to sell. 9. Each time the bank was sold or merged. 10. Executives and managers of the old BofA were covered by so-called change-of-control agreements, contracts awarding them big payouts if the bank were sold. |