Merrill Lynch

Merrill Lynch

Bank of America Merrill Lynch is the investment banking and wealth management division of Bank of America. With over 20,000 brokers and $2.5 trillion in client assets it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York Stock Exchange under the ticker symbol MER. The firm was acquired by Bank of America under distressed circumstances during the 2008 Financial Crisis, at which point Bank of America merged its global banking and wealth management division with the newly acquired firm. Read More

Headlines Around the Web

We are all Europeans now

Dec 15 - Financial Post

Articles About Merrill Lynch

Facebook IPO: Mark Zuckerberg Celebrates With Employees As Nasdaq Begins Trading
Facebook, ‘Titanic” Of IPOs, Could Poison Tech Company Pipeline

By IBTimes

Faced with the disastrous fallout from the initial public offering of Facebook (Nasdaq: FB), the No. 1 social network, other technology companies that had been waiting to go next may reconsider. (10:49 am)

MORE TOPICS: IBM, BANK OF AMERICA, MORGAN STANLEY, NYSE, FACEBOOK, ORACLE

Uranium Is a Deep-Value Sector: Alka Singh

By Street Wise Reports

Having just founded her own research company, Mine2Capital, Alka Singh has her sights set on the uranium sector, where she sees deep values in a beaten-down industry. With two major catalysts likely to boost spot prices, M&A activity afoot, new mines... (9:49 pm)

MORE TOPICS: CHINA, GOLD, NYSE, GERMANY, JAPAN, SOUTH KOREA

Media exec Sloan eyes Australia's Nine Entertainment: source

By Reuters

U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners <CVC.UL> to buy a controlling stake in its asset, Australia's debt-ridden Nine Entertainment, a source with direct knowledge of the matter said. (May 24)

MORE TOPICS: GOLDMAN SACHS, AUSTRALIA, HOLLYWOOD, CREDIT SUISSE

Regulators, investors turn up heat over Facebook IPO

By Reuters

Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. (May 23)

MORE TOPICS: MICROSOFT, SEC, BANK OF AMERICA, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY

Barclays
Barclays To Sell Entire Stake In BlackRock For $6.1 Billion

By IBTimes

Barclays PLC, the UK's second-largest bank by asset, said Monday it plans to sell its entire $6.1 billion stake in U.S. asset manager BlackRock Inc., as the tougher global regulatory environment has made such holding less attractive. (May 21)

MORE TOPICS: BARCLAYS, MORGAN STANLEY, NYSE, MANAGEMENT, INVESTMENT, NEW YORK

Sold
Existing Home Sales, Durable Goods, China PMI: Economic Events For May 21 - 25

By IBTimes

This week's economic calendar is relatively light in the U.S. with the releases of existing home sales, durable goods orders, and the University of Michigan consumer confidence survey. Attention will likely focus on data out of Europe. (May 21)

MORE TOPICS: CHINA, FEDERAL RESERVE, UNEMPLOYMENT, BANK OF AMERICA, BARCLAYS, HSBC

Barclays to sell $6.1 billion BlackRock stake

By Reuters

British bank Barclays said it is to sell its 19.6 percent holding in U.S. asset manager BlackRock, worth $6.1 billion and which it has held for almost three years. (May 21)

MORE TOPICS: BANK OF AMERICA, BARCLAYS, MORGAN STANLEY, MANAGEMENT

The EuroCrisis and Oil Prices

By LiveTradingNews

A disorderly break-up of the EuroZone could drive Brent Crude Oil prices to as low as 60 bbl in the resulting sharp European recession and negative Global economic consequences, Bank of America Merrill Lynch (NYSE:BAC) said Friday. (May 20)

MORE TOPICS: BANK OF AMERICA, NYSE, CRUDE OIL, INVESTMENT

Analysis: China's towering metal stockpiles cast economic shadow

By Reuters

When metals warehouses in top consumer China are so full that workers start stockpiling iron ore in granaries and copper in car parks, you know the global economy could be in trouble. (May 18)

MORE TOPICS: CHINA, HSBC, LEHMAN BROTHERS, MANUFACTURING, RETAIL SALES, RETAIL

Insight - Who got Facebook IPO shares? Fairness may not come into it

By Reuters UK

A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street. (May 18)

MORE TOPICS: LEHMAN BROTHERS, MORGAN STANLEY, WELLS FARGO, CALIFORNIA, FACEBOOK, RETAIL

IBTIMES PROFESSIONAL
Get more of IBTimes

Stay connected with the IBTimes using your favorite social networks and online news applications: