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BofA completes acquisition of U.S. Trust
Bank of America Corp. said it has completed its $3.3 billion purchase of U.S. Trust Corp. from Charles Schwab Corp.
BofA chief’s stock options shrink
Bank of America Corp. chief executive Kenneth D. Lewis saw his stock options drop 8% to $10.8 million last year, compared with $11.7 million in 2005, according to Financial News.