Merrill Lynch

4447 Stories, most recent news story added 2 hours 20 minutes ago

Send
- Email
- IM
Share
- Digg
- Facebook
- Newsvine
- del.icio.us
- Reddit
- StumbleUpon
- Technorati
- Yahoo! Bookmarks

Report: CIT board OKs $3 billion rescue loan

USA Today - 1 hour 14 minutes ago

While lender CIT Group fights for survival, many of its small and midsize business customers are lining up new lenders, and its rivals are angling for its business.

News Stories

Sort By:

Wall Street Learned Nothing
Forbes - Mon Jul 20, 1:51 am ET
The big banks haven't changed a bit.
CIT close to a second chance
CNN Money - Sun Jul 19, 7:37 pm ET
CIT Group was expected to announce a deal with key bondholders for $3 billion in funding that would stave off a bankruptcy filing for the cash-strapped lender, according to reports published Monday.
Pimco’s Gross Reduces Mortgage Holdings, Adds to Cash (Update2)
Bloomberg - 2 hours 20 minutes ago
July 20 (Bloomberg) -- Bill Gross , who runs the world’s biggest bond fund at Pacific Investment Management Co. , reduced holdings of mortgage debt last month and added to cash and equivalent securities.
U.S. REITs seeking billions in IPOs, follow-ons
Washington Post - Sun Jul 19, 12:04 pm ET
NEW YORK (Reuters) - Several large investment firms are creating new lending companies that plan to go public to raise billions of dollars to take advantage of the distress in the commercial real estate market, and more are on the horizon.
Son of Sherman McCoy Helps Fed Field New Treasury Bond Masters
Bloomberg - Sun Jul 19, 10:55 pm ET
July 20 (Bloomberg) -- The U.S. Treasury market is regaining its allure to the so-called Masters of the Universe as banks and securities firms swell the ranks of bond dealers that underwrite the government’s record debt sales.
Troubled bank industry continues California lobbying
The Sacramento Bee - 2 hours 31 minutes ago
Banks that received billions of dollars in federal bailout funds continue spending heavily to lobby in the state Capitol against increased regulation of their industry.
Report: TARP funds misused
Pioneer Press - Mon Jul 20, 1:18 am ET
WASHINGTON — Many of the banks that got federal aid to support increased lending have instead used some of the money to make investments, repay debts or buy other banks, according to a new report from the special inspector general overseeing the government's financial rescue program.
Metro Business Calendar for July 20
Richmond Times-Dispatch - Mon Jul 20, 12:13 am ET
CAREERS WEDNESDAY, JULY 22 Capital Area Training Consortium-Area Workforce Center meets at 11 a.m., CATC-Henrico, 5410 Williamsburg Road, and CATC-Chesterfield, 7333 Whitepine Road. Presenter: Torski N. Dobson-Arnold. Topic: “Extreme Job Search Makeover.“ Details: CATC-Henrico, (804) 226-0885, or CATC-Chesterfield, (804) 271-8510. WEDNESDAY, JULY 29
Lotterman: Limit future bank disaster damage
The Idaho Statesman - Mon Jul 20, 1:59 am ET
Banking is like manufacturing explosives. However carefully you manage it, there are inevitable blow-ups. But if you keep production units small and sufficiently separated, you can minimize the overall damage that any eventual accident will cause.
Wall Street bankers back for big payoffs from the ‘volcano’
Lincoln Journal Star - Mon Jul 20, 1:28 am ET
WASHINGTON — The rest of the country may be stuck in a nasty recession, but on Wall Street, where it all began, business is booming.
Sotomayor would be hard to predict in business cases
Lincoln Journal Star - Mon Jul 20, 1:28 am ET
Employers vs. labor? Airlines vs. passengers? Investors vs. companies? When it comes to business lawsuits, Supreme Court nominee Sonia Sotomayor is hard to pigeonhole.
Investors should start rebuilding 401(k) accounts
Pittsburgh Tribune-Review - Mon Jul 20, 12:03 am ET
If you're brave enough to open your 401(k) statement, get ready for stock shock. Stock funds have been surging up — not flaming out. Sure, people won't exactly feel rich, but they don't need to be running scared, either.
Community banks unhappy with proposed regulationsRESTRICTION AFFLICTION
Bradenton Herald - Mon Jul 20, 12:01 am ET
BRADENTON — Local community bank officials are taking issue with new proposed government regulations they see as too restrictive, unnecessary and unfair.
PlacementTracker Publishes First Half 2009 U.K. Private Placement Market League Tables
Marketwire - 2 hours 30 minutes ago
SAN DIEGO, CA--(Marketwire - July 20, 2009) - Sagient Research Systems, a leading publisher of independent research for the financial services and institutional investment communities, today announced that J.P. Morgan Cazenove ranked as the most active investment bank for private placings by public issuers in the U.K. during the first half of 2009. Sagient Research also announced that in the ...
Anita Kawatra and Keith Palzer
New York Times - Sat Jul 18, 10:05 pm ET
Anita Kawatra and Keith Allan Palzer were married Friday in the Governor’s Room at City Hall in Manhattan. Former Mayor David N. Dinkins, for whom the bride was a senior aide from 1990 to 1998, officiated.