Merrill Lynch Stories
Rajat Gupta Arrest: Five More Cases of Insider Trading
Rajat Gupta's arrest is the latest in the unscrupulous world of insider trading. Here are five more recent cases:
Investors Brace for Eurozone Debt Decision
Investors stayed cautious ahead of a summit expected to deliver pledges to tackle the euro zone's debt crisis rather than firm commitments, keeping the euro above $1.39 as stocks markets traded little changed.
UBS Overcomes Rogue Trading Loss To Post Smaller-Than-Forecast Net Profit Decline
Swiss bank UBS AG overcame a 1.8 billion Swiss franc ($2 billion) rogue trading loss to post a smaller than forecast fall in third quarter net profit on Tuesday as its core wealth management business performed well.
Dragon Tail Risk: The Cost of a China Crash
The China hard-landing debate is a classic tail risk story -- an unlikely scenario, but if it materializes the consequences could be catastrophic.
U.S. Rating Likely to Be Downgraded Again: Merrill
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.
Margin Call Movie Review (Of The First 10 Minutes or So...)
Wish I had seen the whole thing!
Is Occupy Wall Street Protesting in the Wrong ZIP Code?
Occupy Wall Street has camped out at Zucotti Park in Lower Manhattan for weeks, but it probably isn't reaching as many bankers as it could. Which could have something to do with the fact that finance is no longer the area's biggest tenant.
Bank of America Posts Q3 Profit on Accounting Gains, Adjustments
otal revenues jumped by about 6.6 percent from $26.9 billion to $28.7 billion.
China Growth Slows to 2-year Low
China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
China Q3 growth to 2-year low, but no rate cuts seen
China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
China Q3 Growth at Two-Year Low, but no Rate Cut Seen
China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
BoA-ML, TerraPass in California CO2 Offset Deal
Bank of America Merrill Lynch has joined forces with U.S.-based carbon portfolio manager TerraPass Inc in a bid to enter the nascent Californian emissions market, the bank said on Tuesday.
Avengers Trailer Debuts: Meet Marvel's Epic Cast [PHOTOS & VIDEO]
The trailer for the long-anticipated Marvel Comics superhero epic, The Avengers, has debuted set for a May 4, 2012 release with a star-studded cast who each has appeared in their own film or made a cameo.
Fiction Writer Mitchell Graham Charged in Multi-Million Dollar Scam
Fiction writer Mitchell Graham has been charged in a multi-million dollar scam in which prosecutors allege he swindled money from women he met online.
Steve Job's Wife Laurene: The Lady Behind The Successful Man
It is said that behind every successful man there is a woman. This seemed right in the case of Steve Jobs.
Have CEO Severance Packages Gotten Out of Hand?
The whole process is to ensure that compensation is aligned with shareholder interest, Steve Rabitz, an attorney with Stroock & Stroock & Lavan who specializes in executive compensation, told International Business Times. But shareholders sometimes are angered by executive packages they believe are increasingly over-the-top.
Steve Jobs' Wife, Laurene Jobs: Businesswoman, Philanthropist, and the Love of His Life
Steve Jobs is survived by his wife Laurene Jobs, who was the love of the Apple co-founder's life.
Trading Scandal: More Executive Heads Roll at UBS
Francois Gouws and Yassine Bouhara, the co-heads of UBS’ global equities, handed in their resignations, apparently taking responsibility for the actions of the London rogue trader who perpetrated illegal trades.
90% of Companies Use 'Peer Benchmarking' to Set CEO Pay
Major U.S. corporations often increase executive pay to ensure it is higher than the median in their industry, according to a report.
Gold up 1%, On Track for Biggest Quarterly Gain This Year
Gold rose more than 1 percent on Friday but was on track for its biggest quarterly gain this year as concerns that the euro zone debt crisis was far from resolved weighed on stock markets and the euro, lifting interest in bullion as an alternative.
Merrill Hires from Wells Fargo, MSSB
Bank of America (BAC.N) Merrill Lynch has recruited three former Wells Fargo advisers and one former Morgan Stanley Smith Barney adviser to join its California, Connecticut and Wyoming offices, the firm said late on Monday.
SolarCity Latest to See U.S. Loan Loss Post-Solyndra
Solar panel installer SolarCity said on Friday it was the second company in as many days that will not get finalization of U.S. government loan aid by a September 30 deadline.
Investors Assess New UBS CEO, Hope For Fast Revamp
UBS investors welcomed the Swiss bank's choice of caretaker chief executive, Sergio Ermotti, on Monday after Oswald Gruebel resigned in the wake of a $2.3 billion rogue trading scandal and cleared the way for a major overhaul of the investment bank.
Tough Task Ahead for Sergio Ermotti as Caretaker CEO of UBS
UBS has said that Sergio Ermotti will be the caretaker chief executive following the resignation of Oswald Gruebel last week.
SolarCity Latest to See US Loan Loss Post-Solyndra
Solar panel installer SolarCity said on Friday it was the second company in as many days that will not get finalization of U.S. government loan aid by a September 30 deadline.
U.S. Stock Futures Point Downward
Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT.
Bank of America Would Be Foolish to Spin-Off Merrill Lynch
The stock price has been languishing for more than two years -- shares have lost almost half their value year-to-date.
Should Bank of America Spin Off Merrill Lynch?
In the second quarter of 2011, the bank lost an astounding $8.8-billion, partially due to the burden of its enormous mortgage/legal liabilities.
China's Sany Heavy to raise $3.33 bln in HK offer
Sany Heavy Industry Co Ltd , China's largest construction machinery maker, could raise up to $3.33 billion in the second biggest stock offering this year in Hong Kong, braving volatile markets to raise funds for expansion of its factories.
John Mack of Morgan Stanley Retires
Investors obviously applauded the move, sending Morgan Stanley shares up 7.2 percent in Thursday’s trading.