Thundering Heard ramps up recruiting war
The broker recruiting wars continue to rage, becoming something of a way of life in the industry. While many independents and other wirehouses are often looking to add teams from Merrill Lynch, we
Superstition: Krawcheck kills banks
So just how superstitious are you? Are you the type that has to wear certain clothes (your lucky underwear?) when your favorite sports team is in action. Are you the type who is convinced that your
Bank of America shakes up executive suite
It's never a good sign when a company announces two major executive shake ups in short order. The danger is that the second move comes across as a sign of desperation and an indication that the bank
Krawcheck taps Merrill Lynch vet to run brokerage unit
Sallie Krawcheck has made one of the most important hires in her career at Bank of America (NYSE: BAC), tapping John Thiel to run the bank's brokerage operations, the company announced. Thiel gains
Krawcheck close to hiring asset management head
So who will Sallie Krawcheck choose as the next head of Merrill Lynch? Recall that Lyle LaMothe stepped down a month ago as head of the vaunted Thundering Herd, which is still adjusting to life as a
Bank of America Global Wealth and Investment Management President Sallie Krawcheck Hosts “World Events and Your Financial
Global Political and Investment Risk Experts Discuss Financial and Economic Implications of the Crisis in Japan and Political Unrest in the Middle East NEW YORK--(BUSINESS WIRE)-- The catastrophic
The jury is still out on Sallie Krawcheck
Sallie Krawcheck is no stranger to big challenges. But is the Bank of America Merrill Lynch brokerage behemoth too much for her? Is it too much for any individual? Is the combined firm so unwieldy
Bank of America issues new rules to keep U.S. Trust advisors
Bank of America is making it tougher for advisors with its U.S. Trust unit to leave. Sallie Kracwcheck, the bank's head of wealth management, has issued some new rules to make sure it will not easily
Wall Street's secret society adds new members in annual rite
Wall Street's secret society, Kappa Beta Phi, is not much of a secret. Everyone knows about it, especially the media, which loves to write about it nonetheless. It's an annual rite: the media tries
Ruth Porat, the most powerful woman on Wall Street
"She never makes you feel like you are disturbing her personal life; I don't even know if she has one." So says one admirer of Morgan Stanley CFO Ruth Porat, the subject of a fascinating profile in
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