4559 Stories, most recent news story added Tue Dec 8, 6:40 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. 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.
The office of New York’s attorney general, Andrew M. Cuomo, has contacted several of the bank’s lawyers in the last two weeks with concerns about testimony given last month by Greg Curl, the bank’s chief risk officer.
Apollo Investment Corp. said Tuesday it planned to sell 10 million shares of common stock to the public and use the proceeds to pay down debt. Underwriters would get an option to buy up to another 1.5 million shares to cover overallotments. Including the... Stock - Common stock - Underwriting - Debt - Business
Dec. 8 (Bloomberg) -- OAO Novolipetsk Steel, Russia’s largest steelmaker by market value, was downgraded to “underperform” from “neutral” at BofA Merrill Lynch Global Research on “weaker assumptions for the transformer steel segment,” according to a report dated today.
Dec. 8 (Bloomberg) -- European stocks may rise a further 27 percent by the end of next year, with the Dow Jones Stoxx 600 Index reaching 315, BofA Merrill Lynch Global Research strategists wrote.
The President of the New York Federal Reserve addressed his economic outlook and the lessons learned for last year's financial crisis.
Greg Curl, a leading candidate to replace outgoing Bank of America CEO Ken Lewis, is under scrutiny from New York Attoreny General Andrew Cuomo.
There is much more to the 'Dubai episode' than meets the eye. Did you know that the market's decline was nearly one day delayed and that the worst piece of news was actually met with rising prices?
Investors key on worries about the credit rating of the U.S. and a management shake-up at Morgan Stanley.
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.
Frenkel Named Chairman Of JP Morgan Chase Int'l
Open slideshowReuters
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