Brian Moynihan to succeed Ken Lewis as BofA CEO

Brian Moynihan, Bank of America president of consumer and small business banking, testifies on Capitol Hill in Washington, Tuesday, Nov. 17, 2009, before the House Oversight and Government Reform Committee hearing on the role of the federal government in the Bank of America-Merrill Lynch merger. (AP Photo/Alex Brandon) (AP Photo/Alex Brandon)

December 17, 2009 6:47:28 AM PST
Bank of America's new CEO says he doesn't expect to lead a major shift in strategy at the nation's largest bank when he takes over from Ken Lewis on Jan. 1. But with loan losses continuing to mount amid double-digit unemployment rates, it remains to be seen whether investors will embrace staying the course.

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