Hints and tips:
...Lynch....
...Merrill Lynch, Pierce, Fenner & Beane was actually a brokerage, and the job was for a “runner” who shuttled messages around the trading pit of the Chicago Mercantile Exchange where financial contracts were...
...“Especially for the firms that no longer exist — Lehman, Merrill [Merrill Lynch agreed to a takeover by Bank of America in late 2008, the same weekend Lehman Brothers fell, and was rebranded to Merrill]...
...On the day that Lehman Brothers filed for bankruptcy in September 2008, the front page of the Financial Times carried a photograph of John Thain, the then chief executive of Merrill Lynch....
...Lynch and TPG 2006 Refloated by the private equity trio at about the same equity value but with 10 times the debt it had in 2003 Final tussle Oct 2018 Massive full-year loss after heavy impairment...
...Over at Bank of America Merrill Lynch, its analysts are flagging how this year’s “downturn phase” appears on the cusp of shifting towards an “early cycle” period, whereby smaller companies and deep value...
...Bank of America Merrill Lynch note: “Valuations still look expensive on earnings, but look cheap on growth, cash flow and relative to bonds.”...
...Damodaran (who was the corporate finance instructor for the investment banking analyst training class at Merrill Lynch taken by DD’s Sujeet Indap, pictured below right, nearly 20 years ago), bases his arguments...
...The idea of the fee model is to “defang the argument that active managers charge their clients whether or not they perform [and to] change the narrative around the active v passive debate”, says Mr Utermann...
...For example, Bank of America Merrill Lynch has lost dozens of analysts from its London office this year with many departing to join asset managers, the Financial Times reported last month....
...The Securities and Exchange Commission said on Thursday that the bank’s broker-dealer, Merrill Lynch, Pierce, Fenner & Smith, had brokered the sale of almost 3m Longtop shares “despite red flags indicating...
...The Protocol for Broker Recruiting was signed in 2004 by UBS Financial Services, Citigroup Global Markets, and Merrill Lynch, Pierce, Fenner & Smith....
...He’s held a number of roles a various banks including Bank of America Merrill Lynch and Morgan Stanley. Nordic Capital has appointed Henrik Johansson as its general counsel starting later this year....
...Sellside stories ● BoA Merrill Lynch raised its target price on Ocado to £10.20 and repeated “buy” advice in response to the grocery delivery group’s landmark deal last week with Kroger....
...Goldman Sachs dropped 1.9 per cent to $253.65 and Bank of America Merrill Lynch fell 0.2 per cent to $31.18....
...Bank of America Merrill Lynch estimates that of $1.2tn parked overseas, perhaps half of the post-tax total, or about $450bn, could be devoted to share buybacks....
...Lynch, Morgan Stanley and Wells Fargo Securities on financials; Wachtell, Lipton, Rosen & Katz and Latham & Watkins on the legal; Joele Frank on PR)....
...(Bloomberg) US oil driller Continental Resources has hired Rory Sabino, formerly of Bank of America Merrill Lynch....
...This remarkable chart is from BofA Merrill Lynch: The tax cut was plainly at the very least a one-off game changer....
...Job moves Bernie Mensah has been named president of Bank of America Merrill Lynch for Europe, the Middle East and Africa, according to a memo seen by DD....
...MUFG’s former private banking joint venture with Merrill Lynch was struck by Mr Hirano and James Gorman (now Morgan Stanley’s chief executive) when he headed Merrill’s private client business....
...Ellis Chu, who was until recently head of China M&A at Bank of America Merrill Lynch, has joined as a managing director and head of greater China....
...Allen & Company, Bank of America Merrill Lynch, Citigroup Global Markets and Deutsche Bank Securities will act as bookrunners, with Cowen and Company and Guggenheim Securities acting as co-managers according...
...The same Merrill Lynch analysts warn a border tax could cut $5 to $6 a share from earnings in 2018 — a figure they say could be “drastically underestimating the impact”....
...In the year to date, gilts have provided investors with a total return of 13 per cent, according to Bank of America Merrill Lynch. Converted to dollars, that translates to a loss of 3.1 per cent....
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