Knowledge@wharton

Bank of America’s Ken Lewis Takes a Swing at Investment Banks

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Synopsis

According to Ken Lewis chairman chief executive of Charlotte-based Bank of America standalone investment banks are headed for obsolescence and perhaps even extinction. Speaking at Wharton on Nov. 7 Lewis painted a grim future for the once high-flying investment banking business while discussing the strategy corporate culture and ongoing expansion of Bank of America. See acast.com/privacy for privacy and opt-out information.