Your Search Returned 212 tagged news reports
C anadian banks continue to benefit from the exodus of talent from Wall Street dealers, as BMO Capital Markets hired a Merrill Lynch veteran to head a key team on its U.S. stock trading desk. William (Bill) Bertsch spent the past 19 years on the desk...
Tags: BMO Capital Markets, Merrill Lynch
McCann, the former head of wealth management at Merrill Lynch who recently settled his lawsuit with Bank of America over the terms of his contract, was named Tuesday by UBS to head its North American wealth management business. Mr. McCann, who left Merrill...
Tags: UBS Names McCann, Robert McCann, Merrill Lynch, wealth management, U.S, Mr. McCann, management businesses, management unit, Bank of America, lynch veteran
New documents in the Bank of America Corp. Ken Lewis apparently misled federal officials when he asked them to cough up $20 billion and other financial incentives to keep him from canceling the bank's merger with Merrill Lynch & Co., Inc. Lewis told...
Tags: Merrill Lynch
If the United States needed a financial soap opera -- a dubious premise, perhaps -- the purchase of Merrill Lynch by Bank of America is shaping up as a doozy. Investigators from the corridors of Congress, New York State and the Securities and Exchange...
Tags: Merrill Lynch, Bank of America
Bank of America chief executive Ken Lewis abided by Herlihy's advice, the newspaper said. After the merger won shareholder approval, and before the deal closed, Bank of America executives learned Merrill's losses were far steeper than other banks', the...
Lewis, Bank of America 's outgoing chief executive, will take no pay in 2009 under an agreement negotiated with the government that will require him to return roughly $1 million in compensation to the bank. The agreement comes after Kenneth R. Feinberg,...
Tags: Bank of America Corp., Ken Lewis (executive), Mr Lewis, Kenneth Lewis, Kenneth Feinberg, Robert Stickler, Merrill Lynch, maximum contribute, chief executive, pay master
Lewis , the chairman of Bank of America, and other top executives convened a late-afternoon conference call to explain the bank’s latest problems to the board: Not only was the government making the new multibillion-dollar bailout on punishing financial...
Bank of America's board of directors agreed to disclose legal advice connected to its purchase of Merrill Lynch in January, which is clouded in controversy. The bank earlier said discussions with its attorneys shielded the bank from legal challenges,...
Tags: Merrill Lynch
The Treasury Department pay czar has "informally advised" AIG to reduce the $198 million in scheduled retention payments, according to an audit by the Special Inspector General over the $700 billion bailout for the financial industry...The House Committee...
Tags: AIG, Treasury Department, inspector general, American International Group, special inspector, Timothy Geithner, obama administration, Merrill Lynch, treasury secretary, Obama
Asia Pacific fell 29.6 per cent to 14,300 and their total wealth shrank 35.1 per cent...The region's economies are showing signs of recovery and are forecast to grow at a faster pace than the global economy by 2010. Asia Pacific, underpinned by robust...
Tags: Merrill Lynch, Asia Pacific