Lewis ‘buys American’ to bolster Bank of America turf

In 1988, Bank of America Corp. Chief Executive Officer Hugh McColl dispatched his protégé, Kenneth Lewis, to Dallas to save the failing First RepublicBank Corp. A year later, the acquired bank earned $165 million, prompting analyst Thomas Brown to call it “the best acquisition in the history of banking.” Now the plain-spoken, Mississippi-born Lewis, who took ...

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Lewis ‘buys American’ to bolster Bank of America turf

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