NEW YORK (Reuters) - John Thain, the Merrill Lynch & Co Inc chief executive who engineered the firm's sale to Bank of America Corp, will head investment banking, securities and wealth management at the new company -- at least for now.
NEW YORK, Oct. 2 (UPI) -- Bank of America Corp. said Thursday it was reserving a top position in the company for Merrill Lynch Chairman and Chief Executive Officer John Thain.
CHARLOTTE, N.C., Sept. 15 (UPI) -- U.S. retail banking giant Bank of America says it acquired ailing Wall Street financial firm Merrill Lynch in a $50 billion stock deal.
NEW YORK, April 17 (UPI) -- U.S. finance giant Merrill Lynch lost $1.96 billion in the first quarter, including $9.4 billion in write-downs, the company reported Thursday.
NEW YORK, Jan. 17 (UPI) -- Wall Street giant Merrill Lynch, latest victim of the credit crisis, reported a fourth quarter net loss of nearly $10 billion Thursday.
NEW YORK, Jan. 11 (UPI) -- Merrill Lynch, the U.S. brokerage, has lost about $15 billion in mortgage investments, twice its first estimate reports said.
NEW YORK, Dec. 21 (UPI) -- Merrill Lynch, facing additional write-downs because of poor performing U.S. mortgage notes, may be in talks with a Singapore firm about a cash infusion.
NEW YORK, Oct. 29 (UPI) -- Merrill Lynch & Co. Chief Executive Officer Stan O'Neal was expected to be ousted following an $8.4 billion write-off, New York media reported.
NEW YORK, Oct. 28 (UPI) -- Merrill Lynch Chairman E. Stanley O’Neal may soon be dismissed by the U.S. investment banking group following a quarterly loss, a report said.
NEW YORK, Oct. 26 (UPI) -- The Merrill Lynch & Co. board is considering replacing chief executive E. Stanley O'Neal, The New York Times reported Friday.
NEW YORK, Oct. 23 (UPI) -- Merrill Lynch said Monday it will buy Petrie Parkman & Co., a Denver-based bank that has expertise in the energy business. The proposed deal would combine Merrill Lynch's investment banking capabilities with the specialized exploration and production ener