Bank of America (NYSE: BAC) can’t seem to find any qualified candidates that actually want to be the company’s next CEO, according to a new report from the Wall Street Journal. “Outsiders either aren’t interested or lack sought-after skills,” said the Wall Street Journal reported, citing the unnamed sources who are “familiar” with the search process.

Bank of America’s CEO search committee had hoped to have a successor to retiring CEO Kenneth Lewis lined-up for a vote by the time its full board met at its regularly scheduled meeting today (10/28), but committee members have indicated that they need more time to find the company’s next leader.

The slowdown demonstrates the monumental task that the search committee has in finding a new CEO. Bank of America has a number of constituencies including the government, its shareholders, its employees and former regulators that will all want some say in who should be Bank of America’s next CEO.

The leading inside candidates to succeed Kenneth Lewis include Bank of America Chief Risk Officer Gregory Curl, and Brian Moynihan, the bank’s consumer and small-business banking chief. Some large shareholders of Bank of America are pushing for an outside hire into the company, but they have been disappointed so far.

Very few names outside of Bank of America have been named as a potential candidate for Bank of America’s top spot. The ones that have been mentioned include Blackrock Chairman Laurence Fink and GMAC CEO Al De Molina, but the WSJ reported that disagreements have prevented those candidates from going anywhere.

Some have argued that new payment regulations from the U.S. Treasury department’s pay czar, Kenneth Feinberg, have made the CEO position much less desirable since it will now come with a much lower compensation package. Other potential executives that would have otherwise suggested their names for Bank of America’s chief executive spot have likely been turned away by the bank’s precarious financial situation and all of the issues with shareholders and U.S. regulators that current CEO Kenneth Lewis had to deal with.