Your Search Returned 277 tagged news reports
The United States may be emerging from recession but some firms are canceling holiday parties for a second year in a row and others are bragging about having fun on the cheap. With one in 10 U.S. workers unemployed and the prospect of a double-dip recession...
Tags: christmas parties, U.S. Treasury, holiday parties, chief executive, New York City, Goldman Sachs, Rockefeller Center, YES Network, Primary dealers, Merrill Lynch, Business Finance, Christmas, Christmas music, John Thain
Exactly eight years after Enron Corp filed for bankruptcy protection, a federal judge has dismissed a lawsuit by investors against banks they accused of helping the energy company commit fraud...District Judge Melinda Harmon in Houston federal court came...
Tags: Enron Corp, U.S. Supreme Court, U.S. District Court, Patrick Coughlin, San Diego, Kenneth Lay, Merrill Lynch, Business Finance, Coughlin Stoia Geller Rudman and Robbins, Richard Causey, Jeffrey Skilling, Enron, Law Crime, Enron scandal
Bank of America said Thursday that it raised $19.29 billion in a complex share sale to help pay back $45 billion in bailout funds. Repaying the money could help the ailing bank attract a new chief executive to replace Kenneth D...The bank sold $19.29...
Tags: Bank of America Corp, bailout fund, Hong Kong, Obama, street bailout, chief executive, Germany, Tarp, Business Finance, Bank of America, Troubled Asset Relief Program, Bailout, Politics, economics, Primary dealers, GMAC, Emergency Economic Stabilization Act, Barack Obama, Hang Seng Index, Citigroup, China National Offshore Oil Corporation, Hang Seng Index Constituent Stocks, Bank of China, 110th United States Congress, Topix, Goldman Sachs, Merrill Lynch, Reuters, Nikkei 225, Car Allowance Rebate System, Banking in the United States
The latest UBS results revealed the enormity of the task the bank faces to restore credibility as wealthy clients continued to take their assets elsewhere. Despite downsizing, reducing exposure to risky assets and completely revamping its leadership structure,...
Tags: Switzerland, Zurich, Investment banks, Banking in Switzerland, Business Finance, Primary dealers, UBS AG, Bank of America, Merrill Lynch, Dillon Read & Co., Tax evasion, Wealth, Banks, Economy of Switzerland, Private banking
A Japanese client sued Bank of America Corp.'s Merrill Lynch & Co. Hong Kong for alleged reckless misrepresentation in selling him warrants that resulted in losses of ¥1.14 billion ($13 million). Kozo Sugiura, who sued Merrill and its former private...
Tags: Hong Kong, Kozo Sugiura, Merrill Lynch & Co., BOA Merrill Lynch, China, Bank of America, Primary dealers, Merrill Lynch, Business Finance, UBS AG
Wednesday plans to offer 10.5 million common shares at $19.25 each, a 4% discount to the company’s Tuesday closing price. The natural gas processor said the net proceeds earned from the stock offering would be used to pay down debts, and that UBS Investment...
Tags: Regency Energy Partners LP, million common, Dallas, Business Finance, Investment banks, Gases, Bank of America, Primary dealers, Merrill Lynch, Fuels, Morgan Stanley, UBS AG, Natural gas
Professor Elizabeth Warren of Harvard Law School, details information on how poverty edges its way upward from the underclass citizens to middle class Americans...According to the latest revelations, 20 percent of Americans are unemployed, underemployed...
Tags: Bank of America Corp., wall street, Timothy Geithner, stock futures, government bailout, Treasury, treasury secretary, futures rise, stronger open, secretary timothy, Germany, Tarp, Business Finance, Futures contract, Bank of America, Troubled Asset Relief Program, Group of Thirty, Council on Foreign Relations, economics, Stock market crashes, Economic disasters, Primary dealers, Dow Jones Industrial Average, CNBC, United States Secretary of the Treasury, Emergency Economic Stabilization Act, Late 2000s recession in Europe, Bailout, Stock market, Economic history of the United Kingdom, Merrill Lynch
At least two candidates for the top job at Bank of America Corp. told directors that the giant bank should consider breaking itself up, but board members in charge of the CEO search have rejected the idea at least for now, according to people familiar...
Tags: Singapore, Citigroup, Bank of America, Primary dealers, Merrill Lynch, Business Finance, Ken Lewis (executive), Barclays, John Thain
Wyo. — The Wyoming Secretary of State's Office has ordered Merrill Lynch to pay a fine for allegedly misleading investors about the auction rate securities market. Secretary of State Max Maxfield said Monday that a multistate task force negotiated a total...
Tags: Merrill Lynch, Seattle, Investment banks, Primary dealers, Auction rate security, Business Finance, U.S. Securities and Exchange Commission, Bonds, Morgan Stanley, UBS AG, Secretary of State of Wyoming, Wachovia, Max Maxfield
THE margin lender Lift Capital is prepared to settle with Merrill Lynch for $46 million if creditors vote in favour of a scheme of arrangement on December 22. The liquidator, McGrathNicol, estimates that those who lost money when their shares were sold...
Tags: Merrill Lynch, margin loans, Zambia, Lusaka, Primary dealers, Business Finance, Short