2009-10-08bloomberg.com

Bank of America Corp., the biggest U.S. bank by assets, shouldn’t promote executives Brian Moynihan or Gregory Curl to chief executive because they’re “tainted” by the Merrill Lynch & Co. takeover, a shareholder said.

Finger Interests Number One Ltd., owner of more than 1 million Bank of America shares, said internal candidates to succeed Kenneth D. Lewis as chief executive officer are too close to investigations of the Merrill purchase, according to a federal filing yesterday. Shareholders should look outside the company for a new CEO, the investor said.


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