Merrill Lynch and Co Newswire

Merrill Lynch and Co Newswire

Comprehensive Real-Time News Feed for Merrill Lynch and Co.

Results 1 - 20 of 1,132 in Merrill Lynch and Co

  1. MUFG Union Bank adds former BofA Merrill depository i-bankerRead the original story

    Friday | SNL Financial

    J. Kenneth McPhail, a former top depository investment banker at Bank of America Merrill Lynch, is now head of corporate development for Alan Gulick, a spokesman for MUFG Union, said McPhail is based in New York and started in May. McPhail reports to CFO John Woods, Gulick said. 's financial institutions investment banking group.

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  2. A $26 trillion debt problem is crushing competitiveness in ChinaRead the original story w/Photo

    Yesterday | Silicon Alley Insider

    China owes its stock market boom and bust to the one thing that is crushing the competitiveness of every part of the world's second biggest economy - debt. The nation's debt mountain is widely estimated to top 250 per cent of gross domestic product, roughly equivalent to US$26 trillion, and is unlikely to peak before 2018.

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  3. Whopping $15 Billion Exited Emerging Market FundsRead the original story w/Photo

    Friday | Barron's

    A total of $15 billion flowed out of emerging market equity funds according to the latest three weeks of data from Bank of America/Merrill Lynch. That figure includes data for the latest week: $4.5 billion exited emerging market stock funds.

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  4. TPG Specialty Lending Announces Senior Management ChangesRead the original story

    Friday | Business Wire

    Alan Kirshenbaum has notified the Company of his intention to step down as Chief Financial Officer, effective no earlier than October 2, 2015, to pursue a new career opportunity. Upon his departure, Robert Ollwerther, the Company's Chief Operating Officer, will assume the role of interim Chief Financial Officer, pending a resolution by the Company's Board of Directors.

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  5. Moynihan Faces BofA Vote That May Strip Him of Chairman RoleRead the original story

    Friday | The Washington Post

    Bank of America will "promptly implement" a plan to find an independent chairman if a majority of investors oppose the decision that gave Moynihan both of the top jobs, the Charlotte, North Carolina-based firm said Friday in a regulatory filing. Shareholders as of Aug. 10 will be allowed to participate in the special meeting, said the bank, which didn't specify a date for the event.

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  6. UPDATE 1-Precious metals funds worldwide bleed $1.2 bln, most since Dec. '13 -BofARead the original story

    Friday | Reuters

    Investors worldwide pulled $1.2 billion out of precious metals funds in the week ended July 29 on expectations for higher U.S. interest rates and weakness in Chinese shares, data from a Bank of America Merrill Lynch Global Research report showed on Friday. The outflows from the funds, which mainly invest in physical gold, were the biggest over any week since December 2013, according to the report, which also cited data from fund-tracker EPFR Global.

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  7. Puerto Rico Fails to Sink Muni Market's Best Rally in Six MonthsRead the original story

    Friday | The Washington Post

    With the island just days away from potentially missing a Public Finance Corp. debt payment, state and local-government bonds are poised for the biggest monthly gain since January, Bank of America Merrill Lynch data show. The securities have returned 0.63 percent in July, outpacing the 0.4 percent increase for the broader U.S. fixed-income market.

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  8. GoLocalWorcester | Business | Friday Financial Five - July 31, 2015Read the original story w/Photo

    Thursday | Go Local

    The initial estimate on the second quarter's Gross Domestic Product, the main measure of economic productivity, came in lower than expected at 2.3%. Residential investment and consumer spending remained strong, while business spending fell.

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  9. Wall Street mostly as Us GDP spurs belief rate hikes likely in SeptemberRead the original story w/Photo

    Thursday | South China Morning Post

    Floor traders on the New York Stock Exchange work on their orders as Wall Street stocks closed largely higher on Thursday. Photo: EPA Wall Street ended mostly higher but gains were muted by soft corporate earnings on Thursday as the dollar touched one-week highs and shorter-term treasury yields rose on Thursday as accelerating US gross domestic product data encouraged bets policymakers will start hiking US interest rates as soon as September.

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  10. Ventas board approves Care Capital spinoffRead the original story

    Thursday Jul 30 | SNL Financial

    Ventas shareholders are not required to take any action to receive the shares of Care Capital common stock, and they will not be required to surrender or exchange their Ventas shares. Additionally, the number of Ventas shares owned by each shareholder will not change as a result of the distribution.

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  11. Invest in Muni Bonds and Save: Tax Strategies ScanRead the original story w/Photo

    Thursday Jul 30 | On Wall Street

    Advisors on the Move: Morgan Grabs $1B Team Morgan Stanley, Merrill Lynch and other firms have been benefiting from defections from Barclays. But those firms weren't the only winners in the competition for top talent.

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  12. Global Markets-Gathering rate hike hopes lift dollar, Treasury yieldsRead the original story

    Thursday Jul 30 | Reuters

    Wall Street ended mostly higher but gains were muted by soft corporate earnings. Oil prices surrendered early increases and declined under the weight of the rising dollar.

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  13. FOREX-Dollar climbs as U.S. growth supports rate-hike viewRead the original story

    Thursday Jul 30 | Reuters

    The dollar rose to a one-week high against a basket of currencies on Thursday as news of faster U.S. economic growth in the second quarter supported expectations that the U.S. Federal Reserve will raise interest rates as early as September. The government's first assessment of gross domestic product growth in the second quarter was 2.3 percent, swifter than a revised 0.6 percent in the first quarter but lower than the consensus 2.6 percent forecast of analysts polled by Reuters.

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  14. Indoor cycling fitness chain SoulCycle files for IPORead the original story

    Thursday Jul 30 | Reuters

    Indoor cycling fitness chain SoulCycle Inc filed with U.S. regulators on Thursday for an initial public offering of common stock. Goldman Sachs, Bofa Merrill Lynch and Citigroup are among those underwriting the IPO, the New York-based company said in a preliminary prospectus filed with the U.S. Securities and Exchange Commission.

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  15. Energy, materials stocks a bold play as China rattles marketsRead the original story

    Thursday Jul 30 | Reuters

    A recent pickup in energy and materials stocks indicates investors are ready for some bottom-fishing, after concerns about China's stumbling economy and stock market accelerated a slide in those sectors. After hitting its lowest level since October earlier this week, the S&P 500 materials sector has risen three consecutive sessions for a gain of more than 3 percent.

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  16. Fed watches for economic gainsRead the original story w/Photo

    Thursday Jul 30 | NWAonline

    The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. A statement from the Fed after its latest policy meeting provided no timetable.

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  17. Merrill Grabs $4M Barclays Team as Stifel Deal NearsRead the original story w/Photo

    Wednesday Jul 29 | Financial Planning

    How Wells Fargo Serves the Ultra-Rich Ultrahigh-net-worth investors can have complex needs. That's why Abbot Downing, Wells Fargo's group serving investors with $50 million or more, has family historians and psychologists on staff.

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  18. General Debate 30 July 2015Read the original story w/Photo

    Wednesday Jul 29 | Kiwiblog

    I wonder how many people ,including the media who are hyping it up ,who pretend to be so outraged over the death of Cecil the Lion and who have tweeted, posted or protested have even heard of the Ndebele genocide or even care? The French have shifted blame for the Calais chaos on to everyone else - lambasting British businesses, Eurotunnel and the Libyan migrant crisis. It's interesting to note that a whopping 4% of the nearly 8,000 people on Stuff's poll yesterday agreed with Andrew Little about kiwis preferring the Aussie national anthem to our own.

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  19. US Federal Reserve leaves interest rates unchanged, says economy is improvingRead the original story w/Photo

    Wednesday Jul 29 | Sydney Morning Herald

    Marriner S. Eccles Federal Reserve Board Building, in Washington. The Federal Reserve is getting close to raising interest rates for the first time in nearly a decade.

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  20. TREASURIES-Prices stay lower after Fed says U.S. economy improvingRead the original story

    Wednesday Jul 29 | Reuters

    U.S. Treasury prices, which had already lost ground on Wednesday, had little reaction to the Federal Reserve's assessment of an improving U.S. labor market as it kept the door open for an interest rate hike, possibly as soon as September. Shorter-dated Treasuries initially gained ground on the Fed's statement, which highlighted that the economy had overcome a first-quarter slowdown and was now "expanding modestly."

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