What position was John Thain designated to hold at the combined Bank of America and Merrill Lynch?
President of Global Banking, Securities, and Wealth Management
CEO of Bank of America
Chairman of the Board
Global Head of Investment Banking
Answer
After the merger of Bank of America and Merrill Lynch, John Thain was designated to become the president of global banking, securities, and wealth management at the newly combined company. However, he resigned on January 22, 2009.
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