Gasparino Insists Kelly Still On BofA List
NEW YORK (TheStreet) -- Bank of New York Mellon (BK) Chairman and CEO Robert Kelly is still in the running to be the next CEO of Bank of America (BAC) according to a report by CNBC's Charlie Gasparino Wednesday.
"That door from what I understand on the Bank of America side and the Bank of New York side is not completely closed yet," Gasparino said Wednesday, adding new emphasis to a report he aired Tuesday. "Bob has said he has no interest," BNY spokesman Jeep Bryant told TheStreet.com. Gasparino's report contradicts an article in the Wall Street Journal Monday which said Kelly is not interested in the position. A call to Kelly and an e-mail message to a BofA spokesman were not immediately returned. BofA is in the hunt for a new boss following the resignation of CEO Ken Lewis, which is effective at the end of the year. In addition to inside candidates like consumer banking head Brian Moynihan and chief risk officer Greg Curl , BofA has also reached out to JPMorgan Chase (JPM) retail banking head Charles Scharf, according to a Bloomberg report Tuesday. A call to Scharf was not immediately returned. Bank of America shares, which have sold off in recent days, were up in midday trading Wednesday, along with those of Citigroup (C) and JPMorgan. Wells Fargo (WFC) and U.S. Bancorp (USB)shares were down slightly, as were those of Bank of New York Mellon. -- Written by Dan Freed in New York.>To order reprints of this article, click here: ReprintsTheStreet Premium Services For Personal Service: 877-471-2967
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