MoneyRates Blog

Bank of America a "Go" to Purchase Countrywide Bank

February 1, 2008
By MoneyRates team | Money-Rates Columnist

Bank of America Corp. stated it’s committed to buying Countrywide Financial Corp which includes Countrywide Bank. “Everything is a ‘go’ to complete this transaction,” Bank of America Chief Executive Officer Kenneth Lewis said at an investor conference today, in reference to Countrywide. Depositors at Countrywide Bank will become customers of Bank of America when the [...]

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