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4 May 2010, 7:05 am
She has alleged, on behalf of herself and all other similarly situated female employees, that Bank of America, through its subsidiary Merrill Lynch, systematically discriminates against female financial advisors by giving them less opportunities and a less favorable compensation scheme. [read post]
3 May 2010, 6:33 am
BusinessWeek is reporting that Citigroup has sued its former executive-level employee, Gautam Hazarika, for allegedly transferring Citigroup's trade secrets to his new employer, Deutsche Bank AG, before joining the latter firm.Citigroup’s suit comes after Merrill Lynch & Co. sued Deutsche Bank for allegedly raiding its bankers and misappropriating trade secrets last year and Royal Bank of Scotland Group Plc fired its Singapore-based chief currency trader in May last year for… [read post]
1 May 2010, 7:59 am by Page Perry LLC
Indeed, Charles Schwab Corp. added a record number of independent investment advisors in 2009 as thousands of brokers left Wall Street firms, like Bank of America, Merrill Lynch, and Morgan Stanley Smith Barney, to launch their own investment advisory firms. [read post]
30 Apr 2010, 10:26 pm
Bank of America’s Merrill Lynch, Morgan Stanley Smith Barney LLC, and other investment banks are reportedly offering leading brokers up to 300% of the revenue they produced in the last 12 months. [read post]
30 Apr 2010, 12:08 am by Randall Reese
In its April 28th letter, DIC reported that "JPMorgan Chase & Co. and Bank of America Merrill Lynch [were] preparing final term sheets and underwritten commitments for $350 million of senior secured notes and a $50 million revolving credit," according to Bloomberg/BusinessWeek. [read post]
28 Apr 2010, 3:26 pm by Page Perry LLC
Some CDOs created by Deutsche Bank, Merrill and UBS also suffered downgrades to most of their assets by early 2008, according to the article. [read post]
27 Apr 2010, 2:57 pm by Glenn Reynolds
“Terry Hoffman, a language teacher at Des Moines, Iowa’s Merrill Middle School, organized a large group of students the other day to protest a spending slowdown, and to demonstrate some of the excellent results the Hawkeye state is getting for its $7,419 per pupil. [read post]
27 Apr 2010, 5:00 am by J Robert Brown Jr.
  Three of the big five investment banks disappeared, either by failing or through purchase by a commercial bank (Bear, Merrill & Lehman). [read post]
26 Apr 2010, 7:34 am by CorporateAcquisitions MergerLawBlogger
Robert Rhee has posted a Case Study of the Bank of America and Merrill Lynch Merger. [read post]
24 Apr 2010, 12:21 pm by Page Perry LLC
Thus senior executives at Lehman Brothers, Citi, AIG and Merrill Lynch lost their savings, but not the rest of their net worth. [read post]
23 Apr 2010, 7:38 am
Quinn filed papers last week in which the law firm claimed that the SEC's charges against Goldman "bear directly" on Merrill's conduct. [read post]
23 Apr 2010, 2:41 am by Kevin LaCroix
  The Countrywide and Schwab settlements, taken together with the $475 Merrill Lynch settlement, represent over $1.2 billion. [read post]
21 Apr 2010, 8:54 am by Zach Lowe
Merrill's lawyers claim it doesn't, while Quinn and its client claim it does. [read post]