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Senior rainmaker's exit causes stir at Bank of America

Bank Of America Building

Fares Noujaim, an executive vice chairman at Bank of America and investment banker who represented corporations like Pfizer , GM , and Verizon , has left abruptly, sparking questions about his relationship with the bank, according to people familiar with the matter.

Argentina holds gun to Citi's head

Precise 880 22 Caliber Starter Gun

A lawyer for Citibank said the government of Argentina has 'a gun to our head,' threatening the forced takeover of its branch in that country if the bank obeys a U.S. judge’s order blocking it from making payments to holders of $8.4bn in Argentine bonds.