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

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Dec 15 - Financial Post

Articles About Merrill Lynch

Gold and Silver Stocks Are in Deep Value Territory: Alka Singh

By Street Wise Reports

Gold and silver began a correction nine months ago, but shares of the mines that produce these valuable metals have suffered in a much more exaggerated fashion. Mine2Capital Co-Founder and Partner Alka Singh has prospected for ideas that she believes... (May 25)

MORE TOPICS: CHINA, GOLD, NYSE, PORTUGAL, GOLD PRICES, ARGENTINA

Euro
French, Germany Consumer Confidence Holding Up -- A Dangerous Sign of Euro Zone Crisis Fatigue?

By IBTimes

French and German consumer confidence showed unexpected strength, reports showed Friday. While the market is cheering about the "good news," some economists view this as a warning sign of a euro zone crisis fatigue - something that is as dangerous, if not more so than the crisis itself. (May 25)

MORE TOPICS: FEDERAL RESERVE, FREDDIE MAC, FANNIE MAE, BANK OF AMERICA, JPMORGAN CHASE, LEHMAN BROTHERS

Rupee
Goldman Sachs, Bank of America Downgrade India's Growth Outlook

By IBTimes IN

India's growth story comes crashing with Goldman Sachs and Bank of America-Merrill Lynch being the latest global firms to downgrade economic forecasts for the country on Friday. (May 25)

MORE TOPICS: BANK OF AMERICA, GOLDMAN SACHS, MANUFACTURING, INDIA, EMERGING MARKETS

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. (May 25)

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... (May 24)

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

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