Merrill Lynch

Latest Merrill Lynch Items
  • NY slaps $7.5M fine against Ex-BofA CFO Price

    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.

  • **FILE** Bank of America's corporate headquarters in Charlotte, N.C. (Associated Press)

    Bank of America to pay $2.43B in settlement

    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.

  • A sign advertises a Bank of America branch in Charlotte, N.C. (Associated Press)

    Bank of America to cut 3,500 jobs

    Bank of America Corp., the nation's largest bank, said Friday that it plans to cut 3,500 jobs by the end of September.

  • Illustration by William Brown

    COLE: Big banks behaving badly, again

    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?

  • ** FILE ** In this Sept. 15, 2008 file photo, Bank of America Chairman and CEO Ken Lewis listens during a news conference in New York. New York Attorney General Andrew Cuomo has subpoenaed Lewis as part of an investigation into whether the bank misled investors about losses and executive bonuses at Merrill Lynch & Co, The Wall Street Journal reported Thursday, Feb. 19, 2009. (AP Photos/Bebeto Matthews, file)

    N.Y. AG filing civil charges against BofA

    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.

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