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The News: Swan Song For Lewis?

Bank of America Chief Ousted as Chairman [NY Times]

Is the troubled bank splitting roles to give the appearance of better oversight? Or does the move signal Lewis' imminent ouster as CEO? Stay tuned.

'You Sneeze, You Go Home' Policy Slows Peso Trading [Bloomberg News] A Mexican financial institution's version of quarantine could be picked up by employers elsewhere as the flu pandemic goes global.

JPMorgan Sued for $2.3 Million by Citadel's Edsparr Over Bonus [Bloomberg News]

SunTrust names head of international wealth management [Atlanta Business Chronicle]

And:

Douglas, Stone head back to `Wall Street' [Associated Press] Studio says story line for sequel to the 1987 film hit is 'literally ripped from today's headlines.' Shooting is scheduled to start this summer.

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AUTHORJon Jacobs Insider Comment

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.