4541 Stories, most recent news story added Tue Dec 8, 6:34 pm ET
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.
Dec. 7 (Bloomberg) -- Guaranty Trust Bank Plc, a Nigerian lender, was raised to “buy” from “neutral” at Bank of America Merrill Lynch. Guaranty’s price objective was set at 18 naira, offering 17% upside potential, BofA Merrill Lynch research analysts John Storey wrote in a note today.
The New York attorney general is focusing on testimony by Greg Curl, the bank’s chief risk officer and a leading candidate for C.E.O., about a merger with Merrill Lynch.
Pinnacle Foods Finance - $300 million add-on to its existing 9.25% senior notes due 2015 via. Credit Suisse, Barlcays Capital, Bank Of America Merrill Lynch, HSBC and Macquarie. Pricing expected: Dec 9/10.
Bank of America Merrill Lynch has enhanced its algorithmic trading platform for Canadian equities with several new algorithms available to Canada and other changes to deliver improved execution performance.
NEW YORK -(Dow Jones)- A U.S. judge has rejected a request by Bank of America Corp. (BAC) for access to internal documents from the U.S. Securities and Exchange Commission regarding the regulator's review of a joint proxy statement outlining the bank's acquisition of Merrill Lynch & Co.
Dec. 8 (Bloomberg) -- South African consumer stocks may rise “on hype” as the country hosts the soccer World Cup next year, according to Bank of America Corp.-Merrill Lynch & Co.
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.”
Dec. 8 (Bloomberg) -- Boeing Co. ’s tests on repairs to the first 787 Dreamliner “went pretty well” and the plane will both fly this year as planned and eventually make money, Chief Financial Officer James Bell said.
CHICAGO -(Dow Jones)- Boeing Co. (BA) is standing by 2010 production plans for its popular 737 aircraft, James Bell, chief financial officer, said at the Bank of America Merrill Lynch Global Industries Conference that was webcast from New York on Tuesday.
Dec. 8 (Bloomberg) -- The judge overseeing the U.S. Securities and Exchange Commission’s lawsuit against Bank of America Corp. denied the bank’s bid to force the agency to surrender documents about its internal review of the proxy statement at issue in the case.
Dec. 8 (Bloomberg) -- New Jersey , the third-most indebted U.S. state, will sell more than $200 million in bonds today to finance voter-approved capital projects a week after Governor- elect Christopher Christie said he opposed borrowing more money.
Dec. 8 (Bloomberg) -- European stocks may climb as much as 27 percent by the end of next year as corporate earnings improve and valuations are “attractive,” according to BofA Merrill Lynch Global Research.
Dec. 8 (Bloomberg) -- The Bank of Korea , diversifying foreign-exchange reserves away from a falling dollar, said additional gold holdings aren’t attractive as most other central banks aren’t buying and the metal offers no cash returns.
Financial shares slip as Wall Street looks toward Charlotte, N.C., and any word about Bank of America's CEO search.
Dudley's ideas on limiting leverage and leverage being a proxy for bubble formation are interesting and should be carefully considered.
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
