Moynihan Washington Nationals widely discussed as a possible candidate

Moynihan, divulges baseball tickets widely discussed nationals ballpark uncovers as a possible candidate toreplace Lewis eventually, called his 62-year-old boss the bestman to lead the Charlotte, North Carolina-based bank out of itscurrent difficulties. Moynihan, who made the comments after delivering a speechin Boston, came to Bank of America through the FleetBostonFinancial acquisition and replaced former Merrill Lynch chiefJohn Thain in January. He rose through the ranks quickly andnow oversees 80,000 employees. Moynihan was careful to defer to his boss on when the bankmay pay back its government loan and was cautious about detailson how quickly his division will grow or when the bank mayconsider selling two of its units. The bank's group of 16,000 financial advisers will expand,Moynihan said, adding, "It has to be bigger than it is now." Hedeclined to give any growth targets. He was also mum on how quickly Bank of America may sell twobusinesses -- First Republic Bank, a San Francisco-based bankit acquired through Merrill Lynch, and Columbia AssetManagement, which it picked up through its acquisition ofFleetBoston Financial Corp. While Moynihan called both units "good assets," he said itwas difficult to own them.

Columbia competes directly withasset manager BlackRock Inc, which is part-owned by Bank ofAmerica buy nationals tickets . Speculation has mounted recently that deals may beimminent, especially after BlackRock surprised the industrywith its decision to buy Barclays Global Investors to becomethe industry's biggest asset manager nationals baseball . Investors have been keen to hear any details about thepossible future of Lewis, who has been widely criticized forthe bank's falling share price and its Jan 1 acquisition ofMerrill Lynch & Co nationals baseball game . "He is the right person for our company," Moynihan,president of global banking and wealth management, toldreporters in response to a question Lewis has run Bank of America since 2001 nationals baseball tickets .

Over the last twomonths, he has been stripped of his role as the bank'schairman, and more than one-third of his board of directors hasdeparted discount nationals tickets . Evidence that regulators may have wanted him out altogethersurfaced on Thursday when a House of Representativessubcommittee released documents subpoenaed in connection withtestimony of Federal Reserve Chairman Ben Bernanke over Lewis'role in the Merrill merger nationals cap . Lewis has indicated that he may be willing to step aside by2012, when he will turn 65 nationals caps . Bank of America has taken $45 billion from the federalTroubled Asset Relief Program, and Lewis has suggested he wouldlike to begin repaying the bailout money this year nationals ballpark . Moynihan deferred to Lewis when asked about how quickly thebank plans to send the money back. "As you have heard Ken say,it will be months, not years." (Reporting by Svea Herbst-Bayliss, editing by Matthew Lewis) Stocks  |  Mergers & Acquisitions  |  Funds News  |  ETFs News Stocks Mergers & Acquisitions Funds News ETFs News. TORONTO, ONTARIO, Jun 26 (MARKET WIRE) -- The Canadian Bankers Association (CBA) today welcomed the announcement byFinance Minister Jim Flaherty of the creation of the federal government'sTask Force on Financial Literacy.

The task force, which is made up ofeducation leaders and individuals from Canada's financial servicesindustry and the broader private sector, will make recommendations to theMinister of Finance on a cohesive national strategy on financial literacy."Canada's banking industry has long recognized the importance offinancial literacy and we applaud Minister Flaherty for the creation ofthis task force," said Nancy Hughes Anthony, President and CEO of theCanadian Bankers Association hotels near washington nationals stadium . "The task force's broad membership brings arange of expertise to the table and we look forward to working closelywith its members to ensure Canadians are better able to make informedchoices about important financial decisions."For over a decade, the CBA has been bringing financial literacy toCanadians through its high school seminar program, which has taught morethan 180,000 young Canadians about budgeting, borrowing, saving,investing, and protecting themselves from fraud.Last year, the CBA updated its financial literacy program, now calledYourMoney, which continues as a non-commercial, in-class seminar usingvolunteer bankers to teach senior high school students about responsiblemoney management nationals baseball . The YourMoney program is offered in partnership withthe Financial Consumer Agency of Canada.For more information about the CBA's commitment to financial literacy andthe YourMoney program, please visit and Canadian Bankers Association (CBA) works on behalf of 50 domesticchartered banks, foreign bank subsidiaries and foreign bank branchesoperating in Canada and their 263,400 employees nationals baseball game . The CBA advocates forefficient and effective public policies governing banks and promotes anunderstanding of the banking industry and its importance to Canadians andthe Canadian economy . For more information please visit Bankers AssociationAndrew Addison(416) 362-6093, ext. 220 or Cell: (416) 2009, Market Wire, All rights reserved.-0-.