Robert Kelly, chairman and chief executive officer of The Bank of New York Mellon Corp., speaks during a meeting of the Canadian Club of Toronto in Toronto, Ontario, Canada, on Monday, Jan. 12, 2009. Bank of New York Mellon Corp., the world’s largest custodian of financial assets, plans to cut about 4 percent of its workforce, or 1,800 people, as record declines in global securities markets hurt profit. Dismissals at the New York-based company, which employs more than 43,000 people, were announced in Nov. 2008. Photographer: Norm Betts/Bloomberg News
Betts/Bloomberg
Bank of America has resumed talks with Robert Kelly to replace its retiring CEO Kenneth Lewis, The Wall Street Journal reports. Kelly, CEO of Bank of New York Mellon, was previously approached for the post, but had rejected the offer.
Kelly has been the finance chief of Wachovia, which he left in 2006. BofA’s chief risk officer, Gregory Curl, and Brian Moynihan, president of consumer and small business banking, are also being considered for Lewis’ successor.
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