Merrill

After it was reported that Merrill Lynch (MER) CEO John Thain was after a $10 million bonus he was viciously attacked by everyone from the media to NYS... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

European Union competition authorities cleared on Friday Bank of America Corp's (BAC.N: Quote, Profile, Research, Stock Buzz) purchase of investment bank Merrill Lynch (MER.N: Quote, Profile, Research, Stock Buzz), the bloc's executive arm said in an update of merger decisions. Bank of America announced in mid-September that it would buy Merrill for $44 billion as investors fled from financial ser

MERRILL Lynch is involved in a dispute with an Indonesian private-banking client who has lodged a $US90 million suit against the Wall Street bank for allegedly selling shares without his knowledge.The US investment giant in turn is suing the client, Prem Harjani, the owner of a Jakarta-based investment bank in an effort to recoup $US12 million ($18.4 million) that it says Mr Harjani failed to repa

SINGAPORE, Nov 18 (Reuters) - Shares of commodity firm Noble Group fell as much as 9.3 percent on Tuesday after Merrill Lynch downgraded the shares to an "underperform" rating from "buy", saying the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill Lynch, as a revered investment bank, don't know what the f*ck they are doing with mortgages, yet they go around advising clients and selling mortgage based securities. What chance do retail investors have when their trusted adviser is flying blind in its pursuit of profits?

When Merrill Lynch investment management business merged with BlackRock back in 2006, why did DSP take this long to change its name from DSP Merrill Lynch to DSP BlackRock? I guess the brand Merrill Lynch is of no good these days!

Merrill Lynch publicaba ayer un informe sobre la banca europea, donde sale mal parado el sector bancario. En concreto Santander y BBVA, figuran en la lista de los bancos europeos que necesitarian una inyección de capital. No obstante el banco de inversión afirma que cuentan ambos bancos con los mejores ratings y se encuentran entre los bancos más seguros.Increible el informe ya que hemos visto

Bank of America's agreement to acquire Merrill Lynch is looking more grim for Bank of America. Merrill Lynch reported a worse-than-expected quarterly loss Thursday due to increased write downs related to bad real-estate investments. Its core wealth management division also posted severe losses due to the recent steep decline in stock prices. The $5.2 billion quarterly loss makes its year losses

Reliance Inds cmp: Rs 1,649.60 target price: Rs 2,910Merrill Lynch has retained its “buy” rating on the stock, saying it expects the 2-year earnings per share (EPS) CAGR in FY08-FY10E to be 40%. “RIL has one of the strongest earnings growth in our global universe. KG D6 oil and gas and RPL refinery will be main earnings drivers. RIL’s valuation is compelling now at 8.5 times on FY10E EPS a

A few days ago, it would have been nearly impossible to believe that the deals for Bank of America (BAC) to buy Merrill Lynch (MER), for Mitsubishi UFJ to buy... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill reduces Singapore to heavy underweightIn a report, Merrill investment house has cut the portfolio weighting for Singapore to 4.27% - below the benchmark weighting of 5.14%. This follows downgrades in property and banking sectors which together account for around half of market capital. The report adds that Singapore is exposed to the global slowdown more than other countries, as its export

Google’un Mühendislikten Sorumlu Başkan Yardımcısı, Douglas Merrill, Şubat 2008'de, İTÜ Bilgisayar Kulübünün davetlisi olarak geldiği Türkiye’de tam 45 dakika süren bir konuşma gerçekleştirdi. Google hakkında bilmek istediğiniz herşeyi bulabileceğiniz bu konuşmayı aşağıdaki 9 parçada Türkçe çeviri olarak izleyebilirsiniz. Merrill'e gör

Investors in India already worry on the newses on the collapse of major US financial firms, Merrill and AIG (American International Group Inc.) put them to utter panic on lose of there money invested through DSP Merrill Lynch Mutual funds and Tata-AIG. Still most of them doesn't have any idea about the future of there investments. Here is the exact story on how these collapses impact Indian inves

There are two parts to this answer:1) Technically the answer to this question is Yes. Your accounts are safe at these investment banks (the latter two now called bank holding companies). Even if they go through a merger, acquisition or they fail altogether, your account will still exist. SIPC insurance will cover any loss of securities in the event they are not properly accounted for once the tran

By Michael Flaherty HONG KONG, Sept 19 - Kookmin Bank has hired Merrill Lynch to advise the South Korean lender on the sale of stakes in the group after its restructuring, sources said on Friday,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

If you have a TV, computer, cell phone, newspaper, eyes, ears, or any of the five senses at all, you know that both Merrill Lynch and Lehman Brothers experienced an interesting turn of events over the past weekend. In case you don’t, Lehman Brothers, one of the world’s four major banks filed for Chapter 11 [...]

IT all began with the sub-prime crisis. If you lost your money in the market crash of January 2008, here's the route to your loss, in chronological order. 2001-2005: House prices in the US begin to rise rapidly. Banks lend aggressively and create a sub prime industry. Sub-prime lending refers to lending (at slightly higher interest rates) to people who may not be eligible for a loan under norma

The turmoil that the financial market in the United States is going through hit a new low on Monday. This has been the most terrible day Wall Street has faced in the last 7 years. With the collapse of one of America's most respected banks, investors are now left to wonder which giant will fall next.

Investment banks face govt questions: By INDERIA SAUNDERS, Guardian Business Desk - Nassau, Bahamas: The collapse of Lehman Brothers, the forced sale of Merrill Lynch and an entire investment industry under the microscope means the Bahamian government will now ask developers partnered with those troubled players some tough questions. "I am sure we will be making some inquiries," State Ministe

The Lehman Brothers investment bank collapsed, giant brokerage firm Merrill Lynch was sold, and AIG, the world's largest insurance company, is having financial troubles. CBS 2's Alexis Christoforous reports from Wall Street.Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | reddit | Furl |

Stock Markets Dipped In Fear Of Global Financial CrisisBy GREG KELLER, AP Business Writer stock markets swooned again Tuesday as the global financial crisis caused investors to worry that asset prices have yet to hit rock bottom.In early afternoon trading, Paris' benchmark CAC-40 index was down 1.41 percent, Germany's DAX 30 index of blue chips was down 1.62 percent and the FTSE-100 share index

Bank of America has agreed to acquire investment bank Merrill Lynch for $50 billion. Bank of America will pay up to $29 per share for the company. Merrill Lynch has lost nearly 80 percent of its value after massive losses related to its exposure to sub prime and mortgage related securities.

To my investors:  Reposted this article to show you the uncertainty in the financial markets (as if you didn't know).  Felt that this assessment of the situation hits the nail on the head.  This is still a great time to pick up further investments.  Mortgage money is available.  Rates appear to be coming down even further.  Sales inventories are bloated and sellers ar

Lehman Brothers anunció esta mañana que se declara en quiebra tras una serie de negociaciones frustradas con Barclays y Bank of America.Consecuencias inmediatas:- La cotización de los bancos españoles cae un 3% aproximadamente.- Compra de Merril Lynch por parte de Bank or America.- La Fed anunciará medidas para apoyar el sistema financiero.- 10 bancos internacionales (Bank of America, Barclay

In a rushed bid to ride out the storm sweeping American finance, 94-year-old Merrill Lynch & Co. agreed late Sunday to sell itself to Bank of America Corp. for $50 billion.The deal, worked out in 48 hours of frenetic negotiating, could instantly reshape the U.S. banking landscape, making the nation's prime behemoth even bigger. Late Sunday night, the companies' boards had approved the deal, bu

Falling under the “you’ve got to be kidding” category, Bank of America agreed to buy Merrill Lynch & Co to what equates to about $29 a share!  This offer means that Bank of America would pay a 70% premium over Merrill’s closing price on Friday, which is just unbelievable. This will make this stock extremely interesting [...]

As the WSJ is reporting HERE…this is an aweome deal for BAC–they get massive customers and prestige galore at a discount price…like finding an amazing deal at Century 21. And, of course, a smack in Merrill’s arrogant face, they needed rescuing, like the lil bitches they are. See all the deal updates HERE. Dealbreaker, by way [...]

Merrill Lynch downgraded Wachovia Wednesday sending the stock down nearly 7 percent. Merrill expects Wachovia to "underperform" the broader market index. Wachovia is currently the 4th largest bank in the U.S.

Merrill Lynch & Co. Inc. (NYSE: MER) is trading down 6% or so in pre-market after Goldman Sachs downgraded the stock to a SELL rating and put shares on its... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill sees strong second quarter reports for local banksGlobes, Israel - Aug 13, 2008Merrill ...

On CNBC's MAD MONEY tonight, Jim Cramer came out and added the Merrill Lynch (NYSE: MER) CEO John Thain to his "Wall of Shame" full of CEO's that he wants to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

This is the classic "I'll pay you to take it" scenario...Thain is a pretty shrewd guy (please note sarcasm. ) So, Merrill Lynch (MER) unloaded $30bn in CDO for 22 cents on the dollar to Lone Star. They required Lone Star to put up 6 cents on the dollar to buy the portfolio and then loaned them the balance. Here is the kicker, as collateral for the loan, Lone Star, the buyer, is using the CDO's i

Merrill Lynch took necessary actions to raise capital by selling $8.5 billion worth of stock and liquidating nearly $30.6 billion of assets trading at nearly one fifth their initial value. CEO John Thain is looking to sell off all of the company's CDOs, which have accounted for nearly $18.7 billion in losses over the last few quarters.

As Citigroup earnings posts better than forecast earnings, the USD took off across the board.  With a lack of major data planned for today, we’ll see if the USD can hold these gains. Citigroup posts $2.5 billion second-quarter loss Mortgage Giant Freddie Mac Considers Major Stock Sale Merrill Lynch Posts Fourth Straight Quarterly Loss Google, Microsoft Slide; Earnings Show [...]

Finding the the next shoe to fall is how you make a big fortune out of wall street’s packet. Lehman: More Real-Estate Woes LEHMAN BROTHERS’ REAL-ESTATE PROBLEMS, including an equity stake in the leveraged buyout of apartment developer Archstone-Smith, continue to plague it. The firm, which stunned Wall Street last week by disclosing that it expects [...]

John Thain, current CEO of Merrill Lynch, stated Wednesday that he would considered selling both its stakes in Bloomberg and in BlackRock if the company were to need further capital. Merrill Lynch has already raised $12 billion from outside investments; however, if things get worse selling Bloomberg and BlackRock may be the investment banks best choice.

NEW YORK - MERRILL Lynch's Chief Executive John Thain on Tuesday said he expects further consolidation among US banks and brokers, and contends there are steps they can take to avoid collapse amid the current credit turmoil. Mr Thain listed raising capital to manage losses as one way investment banks can survive. Financial companies have been forced to find outside investors after taking nearly U

Meredith Whitney of Opperheimer covers financial stocks, but she clearly hates them. At least for the time being. She is no making the point that as MBIA (MBI)... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Mark Matthews, head of Asia-Pacific equity strategy at Merrill Lynch & Co. in Hong Kong, comments on his outlook for Viet Nam's stocks. The Ho Chi Minh Stock Index extended a record losing streak to 21 days yesterday on concern a widening trade deficit and inflation at a 16-year high will prompt overseas funds to... [[ This is a content summary only. Visit my website for full links, other conten

Vietnamese stocks may extend this year's worst slump among global markets as the government raises interest rates to quell inflation, Merrill Lynch & Co. said. Higher borrowing costs will restrain earnings growth and prevent a ``huge bounce'' in Viet Nam's equities, Mark Matthews, Asia Pacific head of equity strategy... [[ This is a content summary only. Visit my website for full links, other co

Merrill Lynch: Countrywide Losses Likely $10B-$12B -CNBC Last Update: 6/4/2008 10:05:12 AM DOW JONES NEWSWIRES Merrill Lynch & Co (MER) said Countrywide Financial Corp.’s (CFC) cumulative losses are likely to rise to between $10 billion to $12 billion, CNBC reported Wednesday. The losses will force similar mark-to-market writedowns for buyer Bank of America Corp. (BAC), said Merrill. Me

Viet Nam is exposing signals of an inflation shock, Merrill Lynch said in a report entitled “Viet Nam: Anatomy of an inflation shock.” First, Merrill Lynch indicates that the fast rising inflation makes the central bank to have strong reaction by tightening monetary policy. Second, tight liquidity and high interest rates worsen economic growth outlook. Third, prices in the stock market and

NEW YORK - THE United States economy is currently in a recession that began last quarter, Merrill Lynch said. The call comes despite the fact that gross domestic product grew 0.6 per cent in the January-March period, a meagre but still-positive rate. GDP readings are subject to sharp revisions and, due to their quarterly nature, tend to lag other indicators like spending and confidence, accordin

NEW YORK (MarketWatch) - Bank stocks fell almost 3% in early trading Friday after Merrill Lynch downgraded Regions Financial Corp. and KeyCorp to sell from neutral on fears of declining credit quality. Merrill trimmed its earnings estimates for Regions by 88 cents to $20.44 and by 93 cents to $24.16 for KeyCorp; the downgrades pushed both banks’ shares down [...]

Reuters - The U.S. economy is in a recession and stimulus from a government tax rebate later this quarter will only temporarily stem a fall in consumer spending, a Merrill Lynch economist said on Wednesday. Consolidation Federal Government Loan StudentPro Bass Fishing GameAffiliate Marketing Expansion And AdvertisingWest Virginia Mesothelioma LawyerHow To Recruit Affiliates And What Makes [...]

At a conference yesterday in Singapore, New York City-based financial services giant Merrill Lynch warned the U.S. economy is in a recession that will become more apparent as the year drags on. According to Channel NewsAsia yesterday: Merrill Lynch said the world’s largest economy is already in a recession, and it expects to see a [...]

ASIA'S strong economic growth will persist despite an ailing US economy as the region diversifies its export markets and a new breed of young and wealthy citizens drive consumption, investment bank Merrill Lynch said on Wednesday. Inflation is a bigger risk to the region than a slowdown induced by a recession in the United States, the world's biggest economy, said Timothy Bond, Merrill Lynch's ch

Reuters - The U.S. economy is in a recession and stimulus from a government tax rebate later this quarter will only temporarily stem a fall in consumer spending, a Merrill Lynch economist said on Wednesday.

Credit Agricole may have to raise over $9 billion to rebuild its capital after substantial mortgage-related losses in the last quarter. According to The Wall... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Why is he doing it? Back in early April after Merrill Lynch's (MER) CEO John Thain first made the same remarks, I wondered what good he thought they would do considering "no one believes what comes out of a banker's mouth today anyway". Now, he is at it again telling anyone who will listen that Merrill will not need additional funds. If the last 10 months have tough us anything, it is that a CEO of a company tied to the financial system ought not be making proclamations about about its... Continued at Todd Sullivan's ValuePlays

Business Times - 06 May 2008 Merrill CEO worried about US banks' next problem area Institutions with consumer-related exposures at risk By VIKRAM KHANNA (SINGAPORE) The sub- prime mortgage-related problems that have roiled the credit markets for several months are mostly over, according to Merrill Lynch CEO John Thain, but US financial institutions with large consumer-related exposures will be 'the next problem area' as the US economy weakens. In an interview with BT, Mr Thain pointed out that Merrill Lynch - the world's largest brokerage firm and a major investment bank - would not need to raise any additional capital and is in the process of revamping its risk management and employee compensation systems. And with 60 per cent of its investment banking and sales and trading business outsi

Jeff McDowell, of Research In Motion (RIM) will present at the Merrill Lynch Technology Conference 2008 in New York, NY on Tuesday, May 6, 2008.  Read more...

The Times copy chief Merrill Perlman is on the buyout list, said a newsroom source. Apparently, she's making her way around the newsroom today to announce her departure. Ms. Perlman has been an institution at the paper for nearly 25 ...

In search of a sprawling and luxurious 5-bedroom 5-bathroom estate in Denver’s Cory Merrill neighborhood? Recently listed 1600 S Monroe Street is your answer. This brand new construction (2008) home offers over 5,000 square feet of custom built open living space: custom cherry cabinets, custom travertine and granite inlays, and mountain views. For more details about [...]

Why a Wall Street firm wants to save a forest in Sumatra? Byline: Marc Gunther CNN - April 18, 2008 Original URL The business of "carbon farming" is growing fast -- and Merrill Lynch is the latest big company to bet that it will become profitable. What's carbon farming, you ask? It's a business designed to recognize the value created when trees store carbon dioxide and prevent global warming. So people who plant new trees or prevent existing trees from destruction can get paid for doing so. That doesn't mean that the tree in your backyard or mine will help pay college tuition or fund a 401(k). For now, the payments are going to villagers in the developing world who agree to protect endangered forests. Starbucks (SBUX, Fortune 500), Marriott (MAR, Fortune 500) and Rio Tinto (RTP

  eBay (Nasdaq: EBAY) topped Wall Street’s targets in CEO Meg Whitman’s final quarter at the online marketplace, even as Whitman was no longer around to bask in the glory of last night’s conference call. With earnings and revenue climbing 22% and 24%, respectively, eBay isn’t the growth demon it used to be, but at least it’s showing its all-weather [...]

Merrill’s $82B Cash Exceeds Funding Obligations: CFO >MER Last Update: 4/17/2008 8:29:13 AM (MORE TO FOLLOW) Dow Jones Newswires April 17, 2008 08:29 ET (12:29 GMT)

Merrill Lynch (MER) turned in a truly aweful quarter. The financial company reported a net loss from continuing operations for the first quarter of 2008 of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Citigroup (NYSE: C) is expected to post write-downs of as much as $12 billion in first quarter and have a loss of over $3 billion. Merrill Lunch (NYSE: MER)... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

eBay, Inc. (NASDAQ: EBAY) shares are trading higher in pre-market activity this morning after Merrill Lynch issued an upgrade today. The brokerage firm raised... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

US Investment Bank - Merrill Lynch has picked plywood manufacturer Ta Ann Holdings Bhd, gaming operator Resorts World Bhd and banking group AMMB Holding Bhd as its most preferred stocks in Malaysia.The bank believes the three stocks will appeal to investors with an investment horizon of less than 12 months.Merrill, in a report yesterday listing its favourite and least preferred stocks for April, said it replaced MMC Corp with Ta Ann as it believes the latter will benefit from a cyclical recovery in plywood prices.It has a target of RM10.15 on the stock, implying a 50 per cent upside from its closing price of RM6.75 yesterday.Ta Ann, whose shares have been rising since mid-February, is also deemed a "buy" by at least five of six other research houses that track the company. This includes Cr

Merrill Lynch has made a key reversal call in the conglomerate sector. It has raised General Electric (NYSE: GE) to Buy from Neutral, and it has downgraded 3M... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

U.S. stocks retreated, erasing half of yesterday's rally, after plunging commodity prices sent oil and mining companies lower and an insurer tried to cancel $3.1 billion in protection on Merrill Lynch & Co. mortgage bonds.Chevron Corp. slid the most in five years as lower fuel demand increased concern that the Federal Reserve has failed to prevent a recession. Merrill posted its steepest drop since 2001, killing a rally in financials spurred by better-than- forecast earnings at Morgan Stanley and approval for Fannie Mae and Freddie Mac to buy more mortgages.The Standard & Poor's 500 Index, which surged the most in five years yesterday after the Fed cut its benchmark interest rate by 75 basis points, lost 32.32 points, or 2.4 percent, to 1,298.42, its biggest tumble this month. The Dow Jone

This is just becoming all too familiar in the financial stocks, and the bears are still in charge since we can't hold a major up-day. Merrill Lynch & Co.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Financial News Online Merrill Lynch, which was the most efficient Wall Street bank using risk in its trading business to generate revenues in 2006, is now falling behind its rivals, according to research by Financial News. Trading efficiency measures the sales and trading revenue banks generate for a given unit of risk taken. It is calculated by dividing revenues from sales and trading by the bank’s stated risk exposure. Value at risk measures potential loss due to adverse market movements in a defined period with a specified confidence level. In 2006 Merrill Lynch had trading revenues of $14.3bn (ˆ9.2bn) and an average VaR during the year of $50m, meaning it generated $286 in revenue per $1 of trading risk. Last year the bank’s average VaR increased to $65m but tradi

Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange:NYSEJ.C. Penney Co., down $5.10 at $43.01 Amid ongoing weakness in consumer spending, the department store’s same-store sales slipped 6.7 percent in February.Merrill Lynch & Co., down $3.03 at $46.29 The investment bank will close its subprime mortgage lending unit and reset the [...]

SEOUL - South Korea's Hana Bank bought US$50 million worth of shares in Merrill Lynch from Singapore fund Temasek in February, Hana's parent group said on Tuesday. 'The bank had made... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Rosh Sillars Photography published a cool picture on their blog of some Michigan players. From left to right they are Travis Howe, Luke Moffatt, Jon Merrill, and Mr. Hockey, Gordie Howe. Pretty... This is a content summary only. Visit the vlog for the full story,

Wall Street advanced sharply Monday, boosted by news that Merrill Lynch & Co. will receive an investment of up to $6.2 billion from two investment groups. The Dow Jones industrial average rose nearly 100 points. Trading volume was light in an abbreviated session -- a typical occurrence a day ahead of Christmas. Still, with only four trading days left in 2007 besides Monday, investors were perhaps looking for any opportunity to tidy up their positions after a year that brought the return of volatility after several years of unusual calm.

Merrill Lynch (NYSE: MER) raised some $6.2 Billion today, or at least up to that amount, and that is not inclusive of the unit sale to General Electric... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

General Electric (NYSE: GE) is acquiring most of Merrill Lynch Capital, which is the unit of Merrill Lynch (NYSE: MER) wholly-owned middle-market commercial... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

WSJ report says it is in advanced talks to invest in the troubled financial giant By SIOW LI SEN (SINGAPORE) Temasek Holdings may be joining its sister entity in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

President Bush said today at a White House news conference that the nation's economic "fundamentals are strong,” and that his administration will "consider all options” to prevent a recession from happening in the United States. The White House may be late to the party, according to two articles I came across today. The Toronto-based Globe and Mail said that a Merrill Lynch recession probability indicator is pointing to a "painful and pronounced downturn next year” for the U.S. economy. According to the Globe, Merrill Lynch uses the U.S. National Bureau of Economic Research's definition of recession, which is a significant decline in economic activity lasting more than a few months and evident across economic measures including GDP, employment, and retail sales. Their recession probability indicator looks at a combination of the yield curve and corporate spreads, and is now signaling that there is a 100% probability that a U.S. recession will take place within the next

Merrill Lynch & Co. said Wednesday it has tapped New York Stock Exchange head John Thain to lead the world's largest brokerage through the unfolding credit market turmoil that threatens Wall Street's biggest investment houses.Thain, 52, has been selected to become Merrill's next chairman and chief executive officer. His appointment comes just two weeks after the ouster of Stan O'Neal as Merrill reported a $2.24 billion loss during the third quarter, the largest in its 93-year history.The New York Stock Exchange said Wednesday that it named Duncan Niederauer chief executive. Niederauer, 48, joined the NYSE in April after serving as co-head of equities trading at Goldman Sachs.Thain's first day as Merrill's new chief is Dec. 1.Thain was able to place a tourniquet on the Grasso scandal while at the same time succeeding in remaking the Big Board into a for-profit exchange. He took the company public last year, following a merger with Archipelago, and guided it through its merger

John Thain, CEO of NYSE Euronext, has agreed to take the top post at brokerage house Merrill Lynch & Co., according to a person familiar with the matter. The move is somewhat unexpected as many insiders on Wall Street were speculating Merrill Lynch's board would tap BlackRock Inc. CEO Larry Fink. Mr. Thain was also rumored to be considering the top job at Citigroup to fill the spot of former Chairman and CEO Chuck Prince. But Mr. Thain has remarked in the past that he wasn't that interested in the Citi job, viewing it as a very difficu

While Wachovia (WB) passed on the opportunity to acquire Merrill Lynch (MER), they are in effect acquiring some of its most valuable assets. Wachovia has been hiring some of Merrill's most accomplished brokers and traders. since those folks have a large amount of their pay packages in Merrill stock, let's just say they have taken a significant pay cut with Merrill's stock down 32% YTD. Wachovia is offering upfront bonuses to the people they want and reports are that they are getting them... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

It seems while Merrill Lynch (MER) was losing all of that money on mortgage-backed financial... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

I just the love the way these things are phrased After writing off twice the amount pre-announced and having unauthorizes merger discussions with Wachovia (WB), Merill's (MER) CEO Stan O'Neal has "decided" to leave the firm according to sources. On Friday I speculated "O'Neal may have been trying to negotiate himself a nice buyout severance package knowing what was coming down the pike." It turns out there is quite a bit of truth to that. According to Merrill's proxy, O'Neal would be entitled... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

After taking Merrill Lynch's (MER) stock from $35 in early 2003 to $98 earlier this year, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The New York Times is reporting that Merrill Lynch (MER) CEO Stan O'Neal is out after the firm... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

In a move that will most likely end up costing him his job, Merrill Lynch (MER) CEO Stan O'Neal apparently approached Wachovia (WB) with the prospect of a merger. Wachovia, which became the second-largest retail brokerage firm after acquiring A. G. Edwards would have been catapulted into a major player as the firm melded their 25,000 prospective brokers. Wachovia would have been the perfect partner for Merrill because of their proven ability to smoothly execute mergers. If you just look... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

CNBC is reporting that Stan O'Neal will be gone in a matter of days. Merrill's (MER) shares are up... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The New York Times reports that Stan O'Neal, the CEO of Merrill Lynch (MER) approached Wachovia... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill Lynch (MER) this morning actually may have done the impossible, they made Citigroup (C) shareholders sit back and say "at least we are not them".. Merrill had warned in early October that it would post a net loss of up to $.50 a share because of writing down $4.5 billion in collateralized debt obligations and subprime mortgages. Merrill today reported a net loss of $2.24 billion, or $2.82 a share, compared with net income of $3.05 billion, or a $3.17 share last year. The actual... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill Lynch (MER) reported a net loss from continuing operations for the third quarter of $2.3... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The list is very long today, so this will have to be confined to the best of the worst. Radian... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Merrill Lynch has a long tradition as one of the world’s leading wealth management, capital markets and advisory companies. We’re also one of the largest banks in Ireland. Merrill Lynch Dublin have a number of excellent opportunities for college leavers looking to start their careers in the financial services industry. These roles will provide candidates with an opportunity to learn a great deal about our business, develop long-lasting key relationships and to build the skills necessary in a career. As a result of our scale, we can offer you opportunities to do work of enormous global impact.About Global Markets & Investment Banking Services:The Merrill Lynch Global Markets & Investment Banking Services (GMIS) group is responsible for processing, clearing and settling trades in securities and listed derivatives, custody and safekeeping assets. We are also leading providers of related reporting and client services. Our organisation is standards driven with front-to-back tran