Mr Thain, who was named chief executive of Merrill 13 months ago following the ousting of Stan O'Neal, left BofA after a brief meeting with its chief executive, Ken Lewis, who is under pressure from shareholders for paying a premium for Merrill.
Since the deal was announced on September 15, Merrill has disclosed operating losses of $41.2bn for 2008, and BofA's share price has dropped about 80 per cent.
According to a person familiar with the matter, Mr Lewis believes Mr Thain had lost the confidence of many of the combined firm's employees and shareholders. Mr Thain was not available for comment.
訂閱以繼續探索完整內容，并享受更多專屬服務。