A customer uses a First Republic Bank ATM in Palo Alto, Calif. , Wednesday, Oct. 21, 2009. Bank of America Corp. has agreed to sell First Republic Bank, a private bank it inherited from Merrill Lynch & Co. , to a group of investors for more than $1 billion, according to a report Wednesday by The Wall Street Journal. AP Photo logo AP Photo 1 month ago

A customer uses a First Republic Bank ATM in Palo Alto, Calif. , Wednesday, Oct. 21, 2009. Bank of America Corp. has agreed to sell First Republic Bank, a private bank it inherited from Merrill Lynch & Co. , to a group of investors for more than $1 billion, according to a report Wednesday by The Wall Street Journal.

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  1. James Gorman, head of Merrill Lynch's brokerage business, speaks to reporters during the second annual Reuters Finance Summit in New York in this November 13, 2003 file photo. Morgan Stanley announced September 10, 2009 that Gorman, now one of the investment bank's co-presidents, will replace Morgan Stanley Chief Executive John Mack, who is stepping down.
  2. James Gorman, head of Merrill Lynch's brokerage business, speaks to reporters during the second annual Reuters Finance Summit in New York in this November 13, 2003 file photo. Morgan Stanley announced September 10, 2009 that Gorman, now one of the investment bank's co-presidents, will replace Morgan Stanley Chief Executive John Mack, who is stepping down.
  3. James Gorman, head of Merrill Lynch's brokerage business, speaks to reporters during the second annual Reuters Finance Summit in New York in this November 13, 2003 file photo. Morgan Stanley announced September 10, 2009 that Gorman, now one of the investment bank's co-presidents, will replace Morgan Stanley Chief Executive John Mack, who is stepping down.
  4. Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York November 17, 2009.
  5. Former chief executive of Merrill Lynch, John Thain speaks at the Reuters Global Finance Summit in New York November 17, 2009.
  6. Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York November17, 2009.
  7. Miami Dolphins running back Ricky Williams (34) celebrates a touchdown with teammates against the Carolina Panthers during their NFL football game at Bank of America Stadium in Charlotte, North Carolina, November 19, 2009.
  8. Carolina Panthers quarterback Jake Delhomme (17) is tackled by Miami Dolphins linebacker Joey Porter (55) during an NFL football game at Bank of America Stadium in Charlotte, North Carolina, November 19, 2009.
  9. Miami Dolphins running back Ricky Williams (34) runs past Carolina Panthers linebacker James Anderson (50) during their NFL football game at Bank of America Stadium in Charlotte, North Carolina, November 19, 2009.
  10. Carolina Panthers wide receiver Steve Smith (R) catches a pass for a touchdown against Miami Dolphins cornerback Vontae Davis (L) during their NFL football game at Bank of America Stadium in Charlotte, North Carolina, November 19, 2009.
  11. Miami Dolphins wide receiver Ted Ginn Jr. (19) runs past Carolina Panthers cornerback C.J. Wilson (27) during their NFL football game at Bank of America Stadium in Charlotte, North Carolina, November 19, 2009.
  12. Carolina Panthers running back DeAngelo Williams (34) is tackled by Miami Dolphins safety Yeremiah Bell (37) during their NFL football game at Bank of America Stadium in Charlotte, North Carolina, November 19, 2009.
  13. Chairman of American Express Company Kenneth Chenault attends the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington November 17, 2009.
  14. U.S. Sen. John McCain speaks at the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington, November 17, 2009.
  15. U.S. Sen. John McCain speaks at the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington, November 17, 2009.
  16. U.S. Sen. John McCain speaks at the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington November 17, 2009.

Recent Photos From The Wire

  1. Actress Eva Mendes poses as she arrives for the CNN Heroes: An All-Star Tribute show at the Kodak theatre in Hollywood, California, November 21, 2009.
  2. ATHENS, GA - NOVEMBER 21: A wreath lay on top of the doghouse in honor of UGA VII before the game between the Georgia Bulldogs and the Kentucky Wildcats at Sanford Stadium on November 21, 2009 in Athens, Georgia.
  3. Comedian George Lopez (L) greets Laila Ali at the CNN Heroes: An All-Star Tribute show at the Kodak theatre in Hollywood, California, November 21, 2009.
  4. ATHENS, GA - NOVEMBER 21: Derrick Locke #20 of the Kentucky Wildcats celebrates after scoring a touchdown against the Georgia Bulldogs at Sanford Stadium on November 21, 2009 in Athens, Georgia.
  5. Actress AnnaLynne McCord arrives for the CNN Heroes: An All-Star Tribute show at the Kodak theatre in Hollywood, California, November 21, 2009.
  6. Actor Rainn Wilson (L) and television host Randy Jackson bump fists as they arrive for the CNN Heroes: An All-Star Tribute show at the Kodak theatre in Hollywood, California, November 21, 2009.
  7. HOLLYWOOD - NOVEMBER 21: Actor Dwayne Johnson attends the 2009 CNN Heroes Awards held at The Kodak Theatre on November 21, 2009 in Hollywood, California.
  8. HOLLYWOOD - NOVEMBER 21: Singer Leona Lewis attends the 2009 CNN Heroes Awards held at The Kodak Theatre on November 21, 2009 in Hollywood, California.
  9. NEWPORT BEACH, CA - NOVEMBER 21: Professional poker player Annie Duke at the All In For Wishes Celebrity Poker Tournament For Make-A-Wish Foundation Orange County at The Pacific Club on November 21, 2009 in Newport Beach, California.
  10. HOLLYWOOD - NOVEMBER 21: Singer Leona Lewis attends the 2009 CNN Heroes Awards held at The Kodak Theatre on November 21, 2009 in Hollywood, California.
  11. Ahmed Abdelhay of Egypt spikes the ball against Brazil during their match in the men's volleyball World Grand Champions Cup in Nagoya, central Japan, Sunday, Nov. 22, 2009.
  12. Ahmed Abdelhay of Egypt spikes the ball against Brazil during their match in the men's volleyball World Grand Champions Cup in Nagoya, central Japan, Sunday, Nov. 22, 2009.
  13. A young monkey leaps between trees in a Kuala Lumpur suburb in Malaysia, Sunday, Nov. 22, 2009. Many colonies of monkeys still live in inner city communities amongst small areas trees and bush land.
  14. A young monkey races across a busy road in front of traffic in a Kuala Lumpur suburb in Malaysia, Sunday, Nov. 22, 2009. Many colonies of monkeys still live in inner city communities amongst small areas trees and bush land.
  15. A young monkey leaps between trees in a Kuala Lumpur suburb, Malaysia, Sunday, Nov. 22, 2009. Many colonies of monkeys still live in inner city communities amongst small areas trees and bush land.
  16. A young monkey races across a busy road in front of traffic in a Kuala Lumpur suburb in Malaysia, Sunday, Nov. 22, 2009. Many colonies of monkeys still live in inner city communities amongst small areas trees and bush land.