Is there another candidate for Bank of America job?

By Todd Wallack, Globe Staff

Bank of America executive Brian Moynihan isn't the only banking executive with local ties who has been mentioned as a possible successor to Bank of America chief executive Ken Lewis.

Houston investment firm Finger Interests Ltd., an activist Bank of America shareholder, recently suggested Citibank chief executive Eugene M. McQuade (right) would be an excellent candidate to replace Lewis, who plans to step down at the end of the year. McQuade, who helped build FleetBoston Financial into New England's largest bank, also served as president of Bank of America, which bought FleetBoston, and as chief operating officer at Freddie Mac.

McQuade declined to say whether he had been contacted about the Bank of America job, but said he has no plans to leave his current post. "I plan to stay at Citibank," he said.

Bank of America officials have refused to say who is in the running to replace Lewis. But Moynihan, a Wellesley resident who runs the bank's consumer banking unit, is believed to be one of the top internal candidates. The bank has said it hopes to announce a successor around Thanksgiving.

(The McQuade photo that appears with this post is a 2004 handout from Fleet.)