Hints and tips:
...The entrepreneur behind this is Charles Li — whose career has included stints as a New York-based lawyer at Davis Polk & Wardwell, president of Merrill Lynch China, chair of JPMorgan China and most recently...
...Chief Jane Fraser recently hired Andy Sieg, the former president of Merrill Lynch Wealth Management, to revive the bank’s wealth business....
...Crisis-era mergers, such as Barclays’ assimilation of the US arm of Lehman Brothers, JPMorgan’s purchase of Washington Mutual and the Bank of America-Merrill Lynch deal, have left the surviving banks with...
...(Bloomberg) US oil driller Continental Resources has hired Rory Sabino, formerly of Bank of America Merrill Lynch....
...“But while it is easy to say António had an easier deck of cards to deal with than at RBS, Lloyds had its own challenges,” says Jim O’Neil, a Bank of America Merrill Lynch executive who previously oversaw...
...Lynch, Citi and UBS – to compile research....
...Merrill Lynch downgraded HSBC to “underperform”, citing fears that “elevated regulatory capital demands” will force a dividend cut next year....
...The lead bookrunners on the deal are Bank of America Merrill Lynch, JPMorgan, RBS and Santander....
...for investment bank Merrill Lynch....
...It cut 18,400 staff in the 12 months The bank has been struggling to put behind it its 2008 acquisitions of Countrywide and Merrill Lynch, which presented huge legal problems....
...Yields on covered bonds, which move inversely to prices, have dropped by 91 basis points to an average of 0.627 per cent, according to an index compiled by Merrill Lynch....
...Lynch....
...The insurer announced last week that it had reached a settlement worth at least $650m with Bank of America Merrill Lynch over mortgage securities that AIG had once claimed were “marred by fraud, misrepresentations...
...A private banker from Bank of America, Merrill’s parent company, is pulled in so often to help clients with mortgage and other lending needs that Ms Oberlander considers her a virtual team member....
...(Bloomberg) GM “must turn over documents related to its subprime auto-lending under a subpoena issued by the U.S....
...Bank of America Merrill Lynch was less sure, noting that issuing multiple warehouse receipts for the same tonne of metal was a known issue in China, though it concluded that “copper’s Waterloo is not in...
...But analysts at BofA-Merrill Lynch argued that the Fed’s forward guidance was unlikely to keep a lid on yields in the context of improving economic data....
...Even now, while economic improvement lifts hirings in some areas, firings are continuing, with declining mortgage lending and soft fixed income trading....
...JPMorgan swallowed Bear Stearns and Washington Mutual, BofA bought Merrill Lynch and, even for those untransformed by mergers, there has been a monumental restructuring....
...Big Wall Street banks such as JPMorgan, Bank of America Merrill Lynch and Citigroup have grown to dominate the country’s banking scene....
...This week, in an effort to prevent the housing market overheating, it ended its support for mortgages and personal loans through the Funding for Lending Scheme. But it is unlikely to hike rates soon....
...One might imagine that when presented with such a proposition a few years ago, the European president of Bank of America Merrill Lynch would have thought: “Hang on a minute, this sounds familiar....
...Morgan Stanley bankers are not going to be knocking on doors offering mortgages to the masses, but its wealth management clients can get mortgages in a model that Mr Gorman used when he was at Merrill Lynch...
...Goodwin also knows the hosts well, the American investment bank Merrill Lynch....
...Lehman Brothers, Merrill Lynch and HBOS all vanished as independent institutions. The UK government rescued the Royal Bank of Scotland....
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