Morning roundup: BofA "beyond control"?

Here's a look at what's making banking news this morning:

• The end of "too big to fail"? Not likely for Bank of America Corp., a "behemoth beyond control," MIT professor and Bloomberg View columnist Simon Johnson says.
• Banks are once again funding more takeover deals, a departure from before the recession, when companies and private-equity groups sought deal financing from a variety of investors, the Wall Street Journal reports.
• CNBC's John Carney wonders, "Why don't we know more about Bank of America's derivatives?"
• BofA Merrill Lynch economists warn America's credit rating is likely to take another hit before the end of the year, threatening renewed economic troubles, the Los Angeles Times reports.
• Americans continue to ditch debt, hampering short-term economic growth, the Wall Street Journal reports.