Merrill Lynch Stories
VIDEO Merrill Lynch Advisor Arrested After Racist Incident At Robeks Caught On TikTok Video
Merrill Lynch has said they fired the individual in question but it is unclear what police will actually charge him with.
Bank of America Drops Merrill Lynch Name In Rebranding Drive
In a rebranding exercise, the Bank of America has announced dropping of Merrill Lynch name from most of its businesses.
Bitcoin Ban: Merrill Lynch Prevents Clients, Advisors From Trading Cryptocurrency
Wealth management company Merrill Lynch has a policy that prevents all of its clients and financial advisers from investing in Bitcoin.
Merrill Lynch Fined $415 Million For Putting Customer Deposits At Risk
The Bank of America subsidiary engaged in “complex options trades that lacked economic substance,” endangering customer deposits, regulators said.
How Much Money Should Wealthy Parents Leave Their Kids, And When Should They Give It?
Another way the rich are different is that they worry that their children will inherit so much they become lazy.
Bank Of America Corp. (BAC) Faces SEC Probe Over Customer-Protection Regulations: WSJ
Regulators have reportedly investigated the bank over maneuvers that took advantage of rules meant to protect depositors from bank failures.
Bank Of America To Pay $7.7M SEC Fine For 2009 Accounting Error
The problem carried over for the past five years.
Eric Cantor's New Employer Faces Investor Claims It Misled Them Ahead Of Coty IPO
Investors in beauty manufacturer Coty Inc. say Moelis and other Wall Street powers did not disclose important information before the IPO.
Bank Of America In $16.5 Billion Deal With US Over Mortgage Bonds: Source
The bank has been hammering out the final details of the record-breaking accord with the U.S. Justice Department and is expected to pay about $9 billion in cash and the rest in assistance to homeowners.
BofA Said To Be Near $16B Deal With US Over Mortgage Bonds
The bank has reportedly agreed to pay about $9 billion in cash and the rest in assistance to struggling homeowners.
BofA Said To Be Near $16 Billion Deal With US Over Mortgage Bonds
The bank has agreed to pay about $9 billion in cash and the rest in assistance to struggling homeowners, said someone familiar with the matter.
Bank Of America (BAC) Judge Jed Rakoff Known For Outspoken Criticism Of Banks And Regulators
“Doesn't the SEC have an interest in what the truth is?”
US Using JPMorgan Penalty To Quicken Cases Against Other Banks
The U.S. Justice Department is spending some of the $13 billion JPMorgan Chase & Co. agreed to pay to settle claims stemming from mortgage misdeeds to quicken similar punishments against other lenders, according to people familiar with the matter, according to Reuters in an exclusive report.
Millennials Will Need To Rely On Themselves In Retirement More Than Boomers Do, Says Report
Even as millennials look for a first job, a new report makes it clear that their financial struggles are likely to be lifelong.
In 'Stress Test,' Tim Geithner Fires Back At His Many, Many Critics
In his new book, the former U.S. treasury secretary fires back at his critics and many others who crossed him during his tenure.
Michael Lewis' "Flash Boys" Exposes Shady World Of Dark Pools; Some Funds Have Already Pulled Out
"Moneyball" author Michael Lewis' upcoming book on the dangers of high-frequency trading is already making waves in the world of high finance.
US February Jobs Report Preview: Soft Nonfarm Payrolls Gain Won’t Alter Fed Tapering Plan, Unemployment Rate To Hold At 6.6%
Economists are bracing for another weak employment report Friday, as the U.S. experienced the third most severe winter in 50 years.
Investors Believe More In US And Europe Than In Emerging Markets, Fear China Will Slow Down: Bank of America Merrill Lynch Survey
Growing fears of a slowdown in China have hurt emerging-market equities, according to a new survey of fund managers from BofA Merrill Lynch.
China's Property Market Outlook 2014: Home Price Growth To Slow To 5% - BofA
A major bank has pertinent thoughts on this key real estate market.
Citigroup, Merrill Lynch, RBS, Credit Suisse Expected To Face Civil Fraud Charges Over Selling Shoddy Mortgage-Backed Securities: Report
Citigroup, Merrill Lynch, RBS, Credit Suisse targeted by Justice Department, sources say.
Bank Of America Merrill Lynch: 10 Key Calls For 2014
The Bank of America sees the S&P 500 hitting 2,000 by year-end 2014, and gold dropping to $1,250 per oz. in Q1, before rebounding.
US Debt Ceiling 2013: Counting Down To Default, Key Dates On Debt Limit
This week will be crucial in the countdown to a potential U.S. default. Here are the key dates to watch.
Nina Davuluri Wins U.S. Beauty Crown: Face It, America, Indians Are Just Smarter, More Successful (And Better Looking) Than You
I viewed Ms. Davuluri’s triumph as a watershed event for the now 3.3-million-strong “Desi” community in the U.S.
Bank Of America Corp Earnings Preview: Profits To Jump In Q1 On Stronger Trading, Loan Loss Reserve Releases
Expectations are high for Bank of America’s 1Q results leading up to the company’s announcement on Wednesday.
Apple iPhone 5 Release Rumors: T-Mobile Announcement Predicted To Come This Week, Analyst Says
T-Mobile is rumored to announce a release date for Apple's iPhone 5 on its own network later this week, an analyst from Merrill Lynch has indicated.
BMC Software Soars After Report Seeking Buyer
Shares of BMC Software, which specializes in enterprise products, soared nearly 8 percent after a report it’s exploring a sale.
Bank Of America Settles Merrill Lynch Shareholder Lawsuit For $2.46B
A three-year-old lawsuit over Bank of America's purchase of Merrill Lynch will be settled by Bank of America paying $2.43 billion.
Markets Keep Rallying, Companies Brace for Tough Q3
The stock markets are having a monster rally. But next earnings season might challenge that.
Fed Speakers, Housing Data, Manufacturing PMI: Economic Events For Sept. 17-21
The continued weakness of the global economy will probably leave the two regional manufacturing PMI (Empire State and Philly Fed) and the national Markit PMI at low levels in September. Meanwhile, economists expect August?s data on housing starts and existing home sales to show that the housing recovery remains intact.
US Will Cut Its AIG Stake To 23% From 53%, By One Estimate
Because of the U.S. Treasury Department's announcement Sunday that it has launched an offering of $18 billion worth of its American International Group Inc. (NYSE: AIG) common stock, the government will soon go from being the company's majority shareholder to being one of its minority shareholders.