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Merrill Lynch and Co

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Merrill Lynch and Co News

News on Merrill Lynch and Co continually updated from thousands of sources around the net.

2 hrs ago | The Plain Dealer

Bank of America's outgoing CEO Ken Lewis says financial industry recovery slow

Bank of America Corp.'s outgoing CEO Ken Lewis said Tuesday that the economy may be improving but the recovery in the financial industry remains slow.

Comment?

Related Topix: Banking, Financial Services, Bank of America, Investment Services

6 hrs ago | InvestmentNews

Bob McCann lures four Merrill Lynch vets to UBS

Just a few weeks after officially joining UBS AG as the head of its U.S. wealth management business, Bob McCann has snared four veterans from his former firm, Merrill Lynch & Co.

Comment?

Related Topix: Banking, Financial Services, Ubs Ag, Investment Services

Mon Nov 09, 2009

Hispanic Business

Panel Asks Bank of America Executives to Testify

A key U.S. House panel is asking Bank of America Corp. to make consumer banking head Brian Moynihan available to testify on Nov.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Investment Services, US Politics, Edolphus Towns, US News, US House of Representatives, Democrat

Bloomberg.com - Asia

Japan Tops China Buying Treasuries as Lost Decade Survivors Debunking Pond

Japanese investors who lived through a decade of deflation and recessions say U.S. Treasuries are a bargain even with yields at about the lowest levels since at least the 1960s.

Comment?

Related Topix: Financial Markets, Financial Services, Investment Services, 9

AmericanBankingNews.com

Bank of America (NYSE: BAC) May Snub CEO Kenneth Lewisa Picks for Successor

Outgoing Bank of America CEO, Kenneth Lewis, has made it very clear who he would like to see succeed him in the position, but Bank of Americaa s board of directors choice to follow Lewisa suggestions may determine if the megabank is ready to turn a new corner.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Investment Services

Sun Nov 08, 2009

The US Market Blog

Post Properties Inc. Q3 2009 Earnings Call Transcript

Post Properties Inc. Q3 2009 Earnings Call November 3, 2009 10:00 am ET Executives David P. Stockert a ' President and Chief Executive Officer Thomas L. Wilkes a ' President Post Apartment Management Christopher J. Papa a ' Chief Financial Officer Analysts Dustin Pizzo a ' UBS Michelle Ko a ' Bank of America Merrill Lynch David Toti a ' Citigroup ...

Comment?

Related Topix: Real Estate, Post Properties, Financial Services, Investment Services, Citigroup, Banking

Sat Nov 07, 2009

The Independent

Goldman Sachs quits as Rusal listing adviser

Bank of America Merrill Lynch has replaced Goldman Sachs as a key adviser on the $30bn stock market listing of Russian aluminium giant United Company Rusal.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Credit Suisse Asset Mnagement Income Fund, Rothschild, Mining, Anglo American

AmericanBankingNews.com

Former Leading Lawyer for Bank of America (NYSE: BAC) Not Actively Licensed During Merrill Lynch Deal

Although it's unclear as to what the implications are at this time, the top lawyer from Bank of America , Brian T. Moynihan, wasn't legally allowed to practice law during the period the Merrill Lynch deal was going down.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Investment Services, US Politics, Edolphus Towns, US News, US House of Representatives, Democrat

Bloomberg Business News

Dimon's Dad Quits Merrill to Work for Son's Brokerage, Brings Along Team

If Jamie Dimon ever needs fatherly advice, he can turn to his newest employee: Dad.

Comment?

Related Topix: Banking, Financial Services, Investment Services, Citigroup

Fri Nov 06, 2009

Personal Injury Law News

Testing the Scope of BofAa s Privilege Waiver

A group of plaintiffs lawyers is testing whether Bank of America's waiver of attorney-client privilege in the Merrill Lynch flap might apply to shareholder suits against BofA related to its merger with Merrill.

Comment?

Related Topix: Financial Services, Investment Services

Thu Nov 05, 2009

ABA Journal

Congressman Wants to Know Why Bank of America Hired GC with Inactive License

A congressman investigating Bank of America's purchase of Merrill Lynch wants to know why the bank ousted its general counsel last December and hired a replacement with an inactive license.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Investment Services, US Politics, Edolphus Towns, US News, US House of Representatives, Democrat

Wed Nov 04, 2009

Tech Confidential Blog

BofA's Moynihan in hot water?

The New York Post reports Bank of America Corp.'s Brian Moynihan, who is a top candidate to replace Ken Lewis as CEO, may have not been a member of the bar when he offered legal advice for a little over a week during the bank's merger with Merrill Lynch.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Investment Services

Bloomberg.com

Greektown Turnaround Plan Challenged by Manulife, OppenheimerFund Holders

Greektown Holdings LLC, the bankrupt hotel and casino in Detroit, had a hearing on its turnaround plan postponed after noteholders including Manulife Financial Corp.

Comment?

Related Topix: Economics News, Bankruptcy, Insurance, Manulife Financial, Financial Services, Investment Services, Greenwich, CT

AmericanBankingNews.com

Bank of America (NYSE: BAC) Seeks CEO, Location Negotiable

Bloomberg reported Tuesday morning that the Bank of America board of directors has expanded its search for the bank's next CEO to include people who want to live and run the company from New York, not its current headquarters in Charlotte.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Home, Mortgage, Personal Finance, Wilmington, DE, Investment Services, 9

Tue Nov 03, 2009

Living Here - Sacramento Living - Sac...

BofA exec search may be a hard sell

Add Bob Kelly to the list of financial services executives who aren't clamoring for the top job at Bank of America Corp.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Mellon Financial, Investment Services, Wachovia Corporation

Bloomberg Business News

PHH Targets Realogy for Mortgages, Will Renew Merrill Contract, CEO Says

PHH Corp. , the mortgage and auto- leasing company trying to rebound from three years of losses, expects to increase loans through its partnership with Realogy Corp.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Financial Services, Investment Services, Mount Laurel, NJ, Parsippany, NJ, Marketing

Mon Nov 02, 2009

News Max

GM, Chrysler Facing More Shortfalls

Congressional overseers and many analysts are skeptical about the post-bailout prospects of success for General Motors Corp.

Comment?

Related Topix: GMC GM, GMC, Financial Services, Investment Services

Sun Nov 01, 2009

InvestmentNews

Stifel Financial diving into RIA custody business

Stifel Financial Corp., which has been expanding its Stifel Nicolaus & Co. retail- brokerage business aggressively, is about to make a push into serving registered investment advisers.

Comment?

Related Topix: Financial Services, Stifel Financial, Investment Services, Manufacturing, Industrial Machines, Commercial Printing, Electronics, Charles Schwab, Marketing

InvestmentNews

New UBS wealth czar McCann: Industry is "ripe for reinvention'

Ending months of speculation, UBS AG last week officially appointed Robert McCann as head of wealth management in the Americas - and he is wasting no time identifying new opportunities for the firm's 8,000 financial advisers.

Comment?

Related Topix: Banking, Financial Services, Ubs Ag, Investment Services, Manufacturing, Industrial Machines, Commercial Printing, Electronics

Sat Oct 31, 2009

Tech Confidential Blog

BofA's unanswered questions

The most important questions in the saga of Bank of America Corp.'s purchase of Merrill Lynch & Co.

Comment?

Related Topix: Banking, Financial Services, Bank of America, Investment Services, Manufacturing, Industrial Machines, Commercial Printing, Electronics, Law, Tyson Foods, Food

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