Hints and tips:
...The division has lagged behind rivals such as JPMorgan Chase, Morgan Stanley and BofA’s Merrill Lynch franchise, however....
...Letters in response to this article: Here’s the charge sheet for liability-driven investing / From Stephen Swift, Client Partner, Artorius Wealth Management, London WC2, UK LDI managers are like ill-prepared...
...Merrill Lynch, KPMG background, MP for the rock-solid Surrey seat, East Surrey....
...Bank of America’s acquisition of Merrill Lynch in 2008 is another example where cultures clashed....
...Additional reporting by Stephen Gandel in New York...
...But Merrill unravelled during the 2008 financial crisis and was forcibly merged into Bank of America....
...The case relates to an offer Santander made to Orcel in 2018 to become chief executive, which the bank withdrew weeks later after the former Merrill Lynch dealmaker had resigned from his position as head...
...He was previously head of alternative investments distribution at Merrill Lynch....
...At Bank of America’s wealth and investment management arm, which includes the brokerage Merrill Lynch, it rose 50 per cent in the three years to June 2022....
...Ermotti is a career banker who completed stints at Citigroup, Merrill Lynch and UniCredit before moving to UBS....
...In the firm’s perhaps most consequential moment, in 2009 it hired three Merrill Lynch healthcare dealmakers: Alan Hartman, Mark Robinson and Richard Girling....
...“It’s a fairly major crackdown,” said David Rosenfeld, an associate professor at Northern Illinois University and a former SEC attorney, noting that Morgan Stanley and Merrill Lynch paid $15mn and $2.5mn...
...Hearst’s descendant Stephen, who authorised it, was asked. He replied: “I also have control of the mausoleum, and if necessary, I can check.”...
...The case pitted Botín against Orcel, who had been a trusted adviser to Botín’s father, Emilio, during his time as an investment banker at UBS and Merrill Lynch....
...Additional reporting by Stephen Morris...
...Mr Fleming, who joined Citi from Bank of America Merrill Lynch only last year, was elevated from the equivalent top role for Europe, the Middle East and Africa, Manolo Falco and Tyler Dickson — co-heads...
...UniCredit also moved as a client to UBS with Mr Orcel when he switched from Merrill Lynch in 2012....
...To be sure, Wall Street is different today than it was in the 1980s, and there are pockets of Midtown Manhattan that are overtly Trumpian; most conspicuously, Blackstone chief Stephen Schwarzman was one...
...Centerview Partners has hired three senior bankers from BofA Securities (formerly named Bank of America Merrill Lynch) as partners, based in Palo Alto: Jack MacDonald, Gary Kirkham and Steve Miller....
...His first big move was to Citibank in Zurich, then in 1987 Merrill Lynch asked him to open a Swiss capital markets operation when he was only 27....
...Mr Ermotti started his career as an investment banker with Merrill Lynch, and also had a stint with UniCredit before joining UBS in 2011....
...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....
...Stephen Hester — The boomerang CEO Keen huntsman Stephen Hester’s first run in charge of a major bank — leading RBS after its bailout during the financial crisis — ended after a series of disputes with...
...The company bought back a 20 per cent stake held by Merrill Lynch in 2008 for $4.5bn, valuing Bloomberg at $22.5bn....
...In June, Deutsche poached Michael Rogers, a prominent Merrill Lynch banker, to run its Los Angeles outpost and have recruited from the likes of DBS in China and Goldman Sachs in Frankfurt....
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