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Sallie Krawcheck Is Available For Work

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Apparently Bri-Moy didn't care for Ken Lewis' hire.

Bank of America Corp. Chief Executive Brian Moynihan shook up his management team on Tuesday, ousting wealth-management head Sallie Krawcheck and consumer-banking head Joseph Price. The Charlotte, N.C.-based company installed David Darnell and Thomas Montag as co-chief operating officers. Mr. Darnell will run the businesses that serve consumers, including deposit, card, mortgages, wealth management and small business. Mr. Montag will oversee the areas that serve companies and institutional investors such as investment banking and trading.

BofA Shakes Up Senior Ranks [WSJ]