Merrill Lynch
Bank of America Corp. began the year with a much larger profit than expected, as the company benefited from its purchase of Merrill Lynch during the financial crisis.
The Charlotte, N.C.-based bank said Friday that it earned $3.2 billion, or 28 cents..
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New York Attorney General Andrew Cuomo said Thursday it was bringing civil charges against senior Bank of America executives, including former company CEO Ken Lewis,...
made popular Feb 5 2010
Why all those Great Depression analogies are wrong
It’s difficult to avoid the comparisons between the current sad state of financial affairs and the Great...
made popular Nov 24 2008
The count down continues – Bears Stearns, Northern Rock, Indy Mac, Fannie Mae, Freddie Mac, Lehman Brothers, AIG, Merrill Lynch and so on and so forth. In our own...
made popular Sep 16 2008
John Thain, the new head of Merrill Lynch, has promised to overhaul the bank’s bonus system following record Wall Street pay-outs, despite huge losses. Bonuses at the...
made popular Jan 19 2008
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