Merrill Lynch news from FierceFinance
NewsThe big mystery surrounding Ken Lewis
The world still doesn't have a solid answer to a pressing question, and Fortune asks it: Before the big vote, why didn't Ken Lewis disclose to Bank of America shareholders anything about the mounting... Read more...
Bernanke testifies at House hearing
The politics of the Bank of America-Merrill Lynch deal were on display at a much awaited House hearing featuring Ben Bernanke. "I did not tell Bank of America's management that the Federal Reserve... Read more...
Bank of America inherits Merrill gender issues
A 16-year veteran of Merrill Lynch has sued the company, charging that she and other female brokers were discriminated against by Merrill management. Her suit, which seeks class action status,... Read more...
Ex-Merrill exec denies buyback talk
Ex-Merrill Lynch executive Winthrop Smith says he did not approach Bank of America CEO Ken Lewis to discuss a deal to buy back all or part of Merrill Lynch. But there was a dinner that included... Read more...
What will Bank of America do with BlackRock stake?
Bank of America has some interesting assets it could sell as it moves toward paying back its TARP funds. One of which is a 34 percent stake in BlackRock, the big asset manager. Recall that it... Read more...
Convertible bonds fuel funds
Convertible securities have climbed 20 percent after tumbling 27 percent in the last four months of 2008, according to Merrill Lynch & Co. index data. Bloomberg says that upturn has fueled a 25... Read more...
Ken Lewis treads a fine line
My conclusion is that Ken Lewis's performance at the House hearing was enough to keep federal regulators from demanding his job. (The new board may be another matter). Lewis went before sometimes... Read more...
Emails show pressure on Bank of America
Documents released by Republicans paint a not-so-flattering portrait of federal regulators exerting pressure on Bank of America to conclude its deal with Merrill Lynch, even though the latter was... Read more...
Ken Lewis: Are his days as CEO numbered?
It seems like we've been asking this question for the longest time: Can Ken Lewis survive at the top of Bank of America? When it comes to the chairman title, the answer was an emphatic, "No."... Read more...
Top banks pare back in Windy City
The bulge bracket banks have pared back in Chicago, even though investment banking business seems to have picked up. The Financial Times notes a "majority of the banks' Chicago/Midwest heads or heirs... Read more...
| Press ReleasesMerrill Lynch Names Margaret D. Tutwiler Head of Communications & Public AffairsNEW YORK, December 11, 2007 — Merrill Lynch & Co., Inc. (NYSE: MER) today announced that Margaret D. Tutwiler has been appointed senior vice president and head of Global Communications & Read more >> ASSET4 Announces Strategic Relationship With Merrill LynchMERRILL LYNCH ACQUIRES GLOBAL LICENSE TO INCORPORATE ASSET4’S INVESTMENT INFORMATION MERRILL LYNCH TAKES MINORITY EQUITY STAKE IN ASSET4 NEW YORK and ZUG, Switzerland.-ASSET4 Ltd, a leading Read more >> The Home Depot Agrees To Revised Terms of Sale of HD SupplyTransaction to Close August 30, 2007 ATLANTA, Aug 28, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- The Home Depot(R), the world's largest home improvement retailer, announced today that it Read more >> |
