Merrill Lynch and Co News

The dollar ticked higher Tuesday as a survey signaled the continued anxiety of U.S. consumers and the government dialed down its reading of third-quarter economic growth.

The International Swaps and Derivatives Association has hired Conrad Voldstad as CEO, The Wall Street Journal reports.

The New York State Supreme Court has junked various motions seeking to dismiss a petition of human rights abuse victims under the Marcos dictatorship to recover the US$35-million Arelma account deposited in Merrill Lynch.

SigTARP Barofsky said the Fed could have used its clout to convince AIG's counterparties not to take full-dollar on their assets insured by AIG.

Below is an auto news article from November 20, 2009 from Automotive.com and PRNewswire.

Breaking up the biggest U.S. banks is not a practical solution to addressing the "too big to fail" problem, former Merrill Lynch Chief Executive John Thain said on Tuesday.

Asian stocks fell, dragging the MSCI Asia Pacific Index to its longest losing streak in more than four months, after Merrill Lynch & Co.

EnCana to present at The Bank of America/Merrill Lynch Energy Conference on Wednesday, November 18, 2009 Brian Ferguson, EnCana Corporation's Executive Vice-President and Chief Financial Officer, will be presenting at the Bank of America/Merrill Lynch Energy Conference on Wednesday, November 18, 2009 at approximately 11:25 a.m. ET in New York.

Executives at the Reuters Global Finance Summit rallied to the defense of the industry's resurgent bonus practices, arguing that there was no clear link between generous compensation and last year's market meltdown.

A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied and Republicans charged that a committee inquiry was covering up the role of an Obama administration official.

Tenneco Inc. today announced that the public offering of 12,000,000 shares of its common stock has priced at $16.50 per share.

Ten months ago, President Obama said a time would come for Wall Street to make profits and pay bonuses, but "now's not that time." But it appears that was exactly when Wall Street began to return to profitability.

NOVEMBER 17: Charles "Chad" Gifford , member of the Bank of America Board of Directors, and Thomas May , member of the Bank of America Board of Directors, are sworn in during a joint hearing before the House Oversight and Government Reform Committee and its Domestic Policy Subcommittee November 17, 2009 on Capitol Hill in Washington, DC.

The search is on to replace Bank of America CEO Kenneth Lewis A It is the most prestigious job that nobody wants.

Has a bull market help lift Facebook's value in the eyes of investors? Not really, says a report by NeXt Up Research, a firm founded by Michael Moe , a former director of global growth research at Merrill Lynch.

The Federal Reserve Bank of New York used a weak negotiating strategy that failed to wring concessions from AIG trading partners last year, allowing them to reap nearly $30 billion in payments from U.S. taxpayers, a government audit report said on Monday.

According to congressional testimony obtained by Reuters on Monday, Mayopoulos' firing on December 10, 2008 came just nine days after he told Bank of America executives that Merrill's expected losses at the time provided no basis to invoke a contractual provision to abandon the takeover.

Teekay LNG expects to grant the underwriters a 30-day option to purchase an additional 525,000 common units to cover over-allotments, if any.

Oil prices rose above US$77 a barrel Monday in Asia amid a weaker U.S. dollar and an improving global crude demand outlook for next year.

The Goldman Sachs Group Inc. is eager to expand its wealth management services to the very rich - and to distribute more of its asset management products through third-party brokers and financial advisers, according to chief executive Lloyd Blankfein.