Your Search Returned 268 tagged news reports
Merrill Lynch Bank USA had grown its total deposits to $56.8 billion as of March 31 this year, from $52.5 billion in the year-ago period, according to public records from the Federal Deposit Insurance Corporation. Adding deposits from its other retail...
Tags: merrill lynch, account, money, bank, money market
So far this month, federal and state regulators have negotiated settlements requiring banking companies to repurchase more than $40 billion in auction rate securities held by investors. Probes were continuing against mutual fund giants Fidelity and Schwab,...
Tags: rate securities, Wachovia Securities, Wachovia Corp, auction rate, Merrill Lynch, Missouri Secretary of State, State Robin Carnahan, securities held, attorney general, Securities and Exchange Commission
Merrill Lynch Survey Thursday, August 14, 2008 6:53 PM (Source: Jiji Press English News Service) London, Aug. 13 (Jiji Press)--Expectations for a recession in Japan have increased, a monthly fund manager survey by Merrill Lynch showed Wednesday.
Tags: Japan, Merrill Lynch, activity index
VX>, Switzerland's largest bank, agreed on Friday to buy back $18.6 billion of debt securities whose value collapsed during the global financial crisis and to pay $150 million to settle charges it misled investors. The settlement, the largest in a nationwide...
Tags: Swiss Bank UBS, UBS AG, rate securities, Merrill Lynch, Citigroup Inc., Massachusetts Securities Division
Citigroup has agreed to buy back between $5 billion and $8 billion of auction-rate securities from its own customers to settle state and federal regulators' claims it misled about 40,000 clients about their risks. "Anyone who bought these auction-rate...
Tags: UBS Financial Services Inc., Swiss Bank UBS, UBS Securities, UBS AG, buy backing, Merrill Lynch, rate securities, Citigroup, Massachusetts, stock head
Merrill Lynch, the international investment bank, said that Constitutional Court decision not to ban Turkey's ruling Justice & Development (AK) Party provided significant boost to investor appetite for Turkish lira (YTL) assets. A report by Merrill Lynch...
Tags: Merrill Lynch
Merrill Lynch's fire sale of toxic mortgage debt last week has generated hopeful discussion about the beginning of the end of the credit crisis being at hand. But a review of some lesser-noticed events of late suggests that the pain is far from over.
Tags: Merrill Lynch
Ladenburg Thalmann analyst Richard Bove also cut his price target on the stock to $25 from $30. With the investment bank recently raising billions of dollars through the sale of certain investments and the issuance of new stock, Bove said the major question...
Tags: Richard Bove, Merrill Lynch
He also feels the company, for the moment, won't need to raise more capital after it generated $9.8 billion by issuing new shares last week. The world has gotten a lot more difficult, and we're simply dealing with that by managing our balance sheet down...
Tags: ceo, Merrill Lynch, John Thain
Merrill Lynch & Co. took the biggest step toward recovering from the worst financial disaster in its 94-year history by acknowledging that $30.6 billion of its holdings are worth barely a fifth of their original price and securing new capital amounting...
Tags: merrill lynch, Merrill Lynch & Co., Merrill Puts Spotlight, Lone Star Fund VI