Posted by Reuters: Business News on February 6, 2012
(Reuters) – Investors suing Bank of America Corp won class-action status for their lawsuit accusing the bank of fraudulently misleading them about the 2008 takeover of Merrill Lynch & Co and the size of Merrill’s losses and bonus payouts.
Posted by Reuters: Business News on January 10, 2012
HONG KONG (Reuters) – Bank of America-Merrill Lynch , the second-largest U.S. bank by assets, is cutting around a fifth of its managing directors across its Asia investment banking division, sources said on Monday, in a bid to cut costs as the outlook sours in a once-booming region.
Posted by Reuters: Business News on October 23, 2011
NEW YORK (Reuters) – The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts.
Posted by Reuters: Business News on September 28, 2011
NEW YORK (Reuters) – Lehman Brothers Holdings Inc unveiled the latest in a string of settlements with major financial creditors, reaching deals with Bank of America Corp and Merrill Lynch that will reduce the banks’ claims against Lehman by a combined $7.5 billion.
Posted by Reuters: Business News on September 23, 2011
NEW YORK (Reuters) – John Thiel has moved out of Sallie Krawcheck’s shadow, slashing Merrill Lynch manager jobs and taking steps to more closely align the firm’s retail brokers and private bankers.
Posted by The PIPEs Report on June 14, 2011
The Securities and Exchange Commission is investigating Merrill Lynch's sale of collateralized debt …
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Posted by Reuters: Business News on April 15, 2011
NEW YORK (Reuters) – Merrill Lynch is giving some regional managers permission to offer unusually high upfront signing bonuses to attract top-tier brokers from rivals, according to several recruiters.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Merrill Lynch is giving some regional managers permission to offer unusually high upfront signing bonuses to attract top-tier brokers from rivals, according to several recruiters.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Merrill Lynch is giving some regional managers permission to offer unusually high upfront signing bonuses to attract top-tier brokers from rivals, according to several recruiters.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Nasdaq OMX Group Inc named a Bank of America Merrill Lynch investment banker as chief financial officer on Thursday, bringing in a seasoned dealmaker as it pursues a takeover bid of NYSE Euronext .
