Plus he sought out Bank of America CEO Brian Moynihan to offer the deal.
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Of course, BAC CEO Brian Moynihan denied this week that there is a problem.
People close to the bank said Chief Executive Brian Moynihan is determined to plow ahead.
So are CEOs Lloyd Blankfein, Brian Moynihan and Jamie Dimon just playing games with Washington?
Earlier in the week, CEO Brian Moynihan announced a reorganization of his management team, firing two high-profile executives.
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Take Bank of America, for example, which split the roles when Brian Moynihan was named CEO during the financial crisis.
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As for BofA's Brian Moynihan, his appearance on the Charlie Rose show Monday suggested he might eventually grow into a bigger role.
Ms. Bush added that Bank of America has done a better job under Chief Executive Brian Moynihan than Citigroup in telegraphing surprises.
The improved capital levels are incredibly significant for CEO Brian Moynihan and BofA which many investors deemed one of the weakest banks around.
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Last week BofA CEO Brian Moynihan said that the charge is a necessary evil given the new regulatory framework in the financial system.
"We have simplified our company and we have more than adequate capital to support our strategic plans, " said Brian Moynihan, Bank of America's CEO since 2010.
Despite the fall in both profits and revenues, Bank of America chief executive Brian Moynihan said the bank entered 2013 "strong and well positioned for further growth".
The Fed will release the results in March and though BofA passed last year CEO Brian Moynihan and his team did not ask for a dividend increase.
FORBES: Bank Of America Opens 2013 With A Bang, Shares Hit $12 For First Time Since May '11
"Our strategy is taking hold even as we work through a challenging economy and continue to clean up legacy issues, " said Bank of America chief executive Brian Moynihan.
U.S. banks were no picnic either, with Citigroup losing 8.9% and Bank of America down 9% after CEO Brian Moynihan addressed shareholder questions on an afternoon conference call.
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Since CEO Brian Moynihan took control of the struggling financier, rolling back the nationwide expansion designed by his predecessors, the stock has fallen nearly 40%, though it is up 67% this year.
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Otherwise the informal order could turn into a formal and public action, which would likely mean intensified scrutiny and greater restrictions as Chief Executive Brian Moynihan tries to shed problems tied to the financial crisis.
Chief Executive Brian Moynihan, met this weekend to "determine the best way we can support Providence without undermining our own capacity to fulfill our mission, " though no decision was made, said Brown spokeswoman Marisa Quinn.
On September 6 BofA CEO Brian Moynihan announced a major management shuffle that found Krawcheck and Price out of jobs while David Darnell and Tom Montag were named to the newly-created positions of co-chief operating officers.
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Like Mr. Stumpf, Bank of America Chief Executive Brian Moynihan spent a good five minutes and 729 words touting the bank's "progress, " "position, " "momentum, " and "leadership" only to see his balloon popped by finance chief Bruce R.
He promoted the idea of breaking up Bank of America to its board of directors when he campaigned for the CEO job there in 2009, an unsuccessful effort that resulted in Brian Moynihan getting the top job.
Bank of America CEO Brian Moynihan pleaded his case on Monday in a highly anticipated presentation at the Barclays Capital Global Financial Services Conference and while he did not announce any big news, he seems to have impressed investors.
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Late Wednesday, Bank of America announced some of its plans: It will fire 3, 000 employees and replace the head of its investment bank, Gene Taylor, with Brian Moynihan, who has headed up investment management at the bank since 2004.
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