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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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