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Bank of America bought investment bank Merrill Lynch at the depths of the financial crisis. Executives had planned a rebranding campaign that would have eliminated Merrill Lynch's iconic bull logo. The Wall Street Journal reports that lobbying by top Merrill Lynch executives has prompted the bank to reverse course. Bankers may now print the bull on flip side of their business cards.
Bank of America Merrill Lynch today announced several significant enhancements to its algorithmic trading platform for Canadian equities, including the introduction of several well-known algorithms to Canada and other changes designed to deliver improved execution performance for clients.
Gains in the utilities and health-care sectors are offset by concerns over whether interest-rate increases could come sooner than previously expected.
THE PRICE OF GOLD fell sharply at the start of London dealing on Monday, extending its drop from Thursday's new record highs to 7.4% as the US Dollar rose and European stock markets fell.
Dec. 7 (Bloomberg) -- Treasuries advanced, snapping four days of losses, on speculation Federal Reserve Chairman Ben S. Bernanke may try to damp optimism about the strength of the economic recovery in a speech today.
China’s leadership calls for balanced growth while also pledging to keep monetary policy loose next year.
Bank of America Merrill Lynch lifts its ratings on three leading credit-card companies, citing what it sees as improving economic conditions.
Responding to regulator and investor pressure to be more accountable in a post-crisis world, an increasing number of banking companies are shrinking their boards and asking more of them.
Wall Street was poised for a soft open on Monday on growing sentiment U.S. interest rates could rise sooner than had been anticipated following last week's surprisingly optimistic jobs report.
Fears the Federal Reserve could hike interest rates next year send U.S. stock index futures lower Monday.
SCOTTSDALE, AZ--(Marketwire - 12/08/09) - Ironwood Gold Corp. (OTC.BB: IROG - News ) (the "Company" or "Ironwood") is extremely pleased to introduce Dr. Petra I. Zasterova as another excellent addition to our Board of Directors. Dr. Zasterova is currently the Chief Operating Officer responsible for Europe, Middle East & Africa (EMEA) affairs for Calyon CIB of London, a subsidiary of Credit ...
Bank of America Corp's Chief Risk Officer Greg Curl is under scrutiny by New York attorney general Andrew Cuomo's office in connection with the probe of the bank's merger with Merrill Lynch, the New York Times reported.
Dec. 8 (Bloomberg) -- Wind Acquisition Holdings Finance SA, controlled by Egyptian billionaire Naguib Sawiris , is raising 500 million euros ($740 million) by issuing Europe’s first payment-in-kind notes since the credit crisis started in 2007.
Dec. 8 (Bloomberg) -- European stocks fluctuated as BofA Merrill Lynch Global Research forecast the Dow Jones Stoxx 600 Index will climb 27 percent by the end of 2010, offsetting comments from Federal Reserve Chairman Ben S. Bernanke that the U.S. economy faces “formidable headwinds.”
(Corrects TNT holdings in second, final paragraph.) Dec. 8 (Bloomberg) -- Most European stocks declined after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “formidable headwinds.” Asian shares and U.S. index futures were little changed.
(Corrects TNT holdings in second, final paragraph.) Dec. 8 (Bloomberg) -- Most European stocks declined after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “formidable headwinds.” Asian shares and U.S. index futures were little changed.
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