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Fast Money

Off the Record w/ Gasparino: Future of BofA


As Charlie Gasaprino first told you on Fast Money, big changes are coming at Bank of America.

By now you likely know that CEO Ken Lewis has announced plans to step down from his position and retire at the end of the year.

But in all the frenzy what you might have missed was Gasparino's short list for who may fill the top spot. On Wednesday he revealed possible successors include a large number of BofA insiders such as:

Name                                    Position
Thomas Montag             Head of Global Markets
Barbara DeSoer              Bank of America Home Loans
Sallie Krawcheck            President of Global Wealth
Brian Moynihan              Head of Consumer and Small Business Banking
Joe Price                      CFO
Greg Curl                      Chief Risk Officer

However on Thursday he started hearing concerns that the 6 people listed above may not all have the chops. Instead the Street started whispering about two other names. They are Bill Boardman, the former #2 at Bank One and Chad Gifford the former CEO of  Fleet Financial.

And Gasparino is also hearing that Bob Steel, the former CEO of Wachovia is lobbying for the corner office.

Who’s does Charlie think is most likely to take the top spot?

Moynihan, he says.

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