- Obama’s motorcade prevents woman in labor from crossing street to hospital
- Grijalva: Anti-trafficking law ‘line in the sand for many of us’
- Joe Biden: ‘Businesses are hiring at historic rates’
- Jeb Bush to Congress: Don’t use border crisis as excuse to delay immigration reform
- U.N. Human Rights head accuses Israel of war crimes
- CBP Commissioner: Border is ‘more secure and more safe’
- Obama dispatches researchers to border to check on National Guard
- Dutch receiving Malaysia plane bodies irked at Putin’s daughter in Holland
- Algerian plane diverted due to storms, second aircraft: 116 missing
- Colorado judge strikes voter-backed gay marriage ban, but issues stay
Topic - Merrill Lynch
Bank of America Merrill Lynch is the investment banking and wealth management division of Bank of America. With over 20,000 brokers and $2.2 trillion in client assets it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York Stock Exchange under the ticker symbol MER. The firm was involved in several of the major financial scandals of the last 20 years, including those centred on Enron and financial derivatives, resulting in many multi-million dollar fines. It ceased to exist as a separate entity in September 2008 at the height of the 2008 Financial Crisis, having been acquired by Bank of America. - Source: Wikipedia
Bank of America's former chief financial officer has reached a $7.5 million deal to settle allegations he helped mislead investors about the impact of a 2008 merger with Merrill Lynch.
Bank of America says it has agreed to pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lynch at the height of the financial crisis.
Bank of America Corp., the nation's largest bank, said Friday that it plans to cut 3,500 jobs by the end of September.
Why are many of the big Wall Street banks imposing a freeze on foreclosures when the average number of days to foreclose on a property, according to Lender Processing Services, is at an all-time high of 478 days?
The New York Attorney General's office is filing civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch when it acquired the Wall Street bank in late 2008.