Meet the new number one — Ken Lewis has the last laugh — BofA Merrill takes league table clean sweep

September 15, 2008 05:45 pm

Out of chaos comes order. A new world order in banking to be precise. That is, at least, what Ken Lewis is hoping for, following his brave and decisive acquisition of Merrill Lynch. His move is also likely to set off a round of copy-cat mergers as rival firms are compelled to match the scale and power of the new market leader.

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