In the July 2007 edition of Euromoney, Bank of America CEO Ken Lewis gave a rare in-depth interview.
Lewis said: "We are not believers in the build it and they will come mantra. We need to look our shareholders in the eye". "In time, we want to be one of the top five investment banks in the world". More than 18 months ago Euromoney said: "Bank of America is at a tipping point. Ken Lewis is about to face his biggest challenge yet." Little did we know how great the challenge would be. Re-read the story here
Clive Horwood,
July 13, 2007