Tyler Interview on TARP Repayments, BofA Succession

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Dec. 15 (Bloomberg) -- Jason Tyler, senior vice president of portfolio management at Ariel Investments LLC, talks with Bloomberg's Erik Schatzker about the repayment of Troubled Asset Relief Program funds by banks. Tyler, speaking from Chicago, also discusses efforts by the Obama administration to boost lending and Bank of America Corp.'s search for a new chief executive officer. Bank of New York Mellon Corp. CEO Robert Kelly, a candidate for the BofA position, told his employees yesterday that he won't leave his job, according to a memo obtained by Bloomberg. (Source: Bloomberg)

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