Bloomberg Law
March 15, 2017, 3:05 PM UTC

Bank of America’s Former Top Lawyer Lynch to Retire in April

Bloomberg Media

By Laura J. Keller and Greg Farrell, Bloomberg News

Bank of America Corp. Vice Chairman Gary Lynch, the Wall Street lawyer brought in to help the lender clean up its financial crisis-era mess, is retiring.

Lynch, 66, will step down April 1, according to a statement on the Charlotte, North Carolina-based bank’s internal website.

He was the firm’s general counsel for four years before being succeeded by David Leitch in November 2015. Bank of America spent more than any other U.S. lender to resolve legal and regulatory disputes in the wake of the credit crisis, largely tied to its acquisitions of Countrywide Financial Corp. and Merrill Lynch & Co. ...

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