Richard Rosenberg, former Bank of America chief who doubled its assets, dies

Published by
Reuters

By Lananh Nguyen NEW YORK (Reuters) – Richard Rosenberg, the former Bank of America Corp chief executive who presided over a spree of acquisitions that doubled the bank’s assets, has died. He was 92. He died on Friday, according to a statement from his family on Sunday which did not mention the cause of death. Rosenberg, a former Navy commander, served as the bank’s chairman and CEO from 1990 to 1996. He took the helm as the industry was deregulating and orchestrated several major deals including a $4 billion merger with Security Pacific National Bank, one the largest banking deals of its time…

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