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Mass. bank officials to testify on Merrill Lynch deal

A congressional committee investigating Bank of America’s purchase of Merrill Lynch has set a new date for a public hearing at which several prominent bank officials from Massachusetts are scheduled to testify. (Boston Globe, 11/5/09)

Bank of America’s top lawyer lacked active license

Bank of America , already under investigation for its controversial purchase of failing investment bank Merrill Lynch, is now under fire for a legal technicality involving a high-ranking executive from Wellesley. (Boston Globe, 11/4/09)

Citizens narrows choice on ad agencies

Citizens Financial Group said yesterday it has selected five finalists in its search for a new ad agency, only one of which is in Boston. The news comes a week after Boston-based Arnold Worldwide said it would not compete for the advertising business that it has handled since 2001. (Boston Globe, 11/4/09)

Card issuers put on notice by House

WASHINGTON - The House voted yesterday to impose immediately tough new rules for credit card companies after voters complained of increased interest rates and steep new fees. (Boston Globe, 11/4/09)

Fed pledges to hold rates at record lows

WASHINGTON - The Federal Reserve pledged yesterday to keep a key interest rate at a record low for an “extended period,’’ in a sign that the economy is growing but remains deeply dependent on government help. (Boston Globe, 11/4/09)