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Bank of America Merrill Lynch

We're In This One Together

Michael Hodin | Posted 11.18.2014 | Fifty
Michael Hodin

While we still have a long way to go with Alzheimer's, we are making progress. Researchers and scientists are learning more than ever about prevention strategies and ways to promote "brain health."

Can Wall Street Really Change Its Culture Of Burnout?

Posted 01.29.2014 | HuffPost Live 321

The driven, ambitious bankers on Wall Street are known for working for days at a time, pulling all-nighters and pushing themselves to the limit in a n...

$2.4 Billion Settlement Approved

Reuters | Posted 06.05.2013 | Business

* Bank accused of hiding Merrill losses, bonuses * Settlement among largest tied to financial crisis By Bernard Vaughan ...

'Real Throttle On This Country's Growth'

Reuters | Posted 01.23.2014 | Business

* Partisan spat over budget crisis could hurt economy * Economists expect politicians to avert budget crisis * Investor,...

'Sack Of S**t': 10 Of Corporate America's Most Infamous Emails

Posted 10.03.2012 | Business

It’s one thing to mislead clients about the health of an investment. It’s another to then admit it in an email. Apparently many on Wall Street wil...

BofA Directors To Settle Claims They Overpaid For Merrill Lynch

Reuters | Posted 08.20.2012 | Business

* Definitive settlement in lawsuit vs BofA directors * Final OK may wait until after trial in securities case * Director...

BofA Execs In Their Own Words On How They Hid Losses

ProPublica | Cora Currier | Posted 06.04.2012 | Business

By Cora Currier ProPublica When Bank of America announced it was buying Merrill Lynch in September 2008, bank execs told their shareholders that ...

BofA Accused Of Hiding Losses From Shareholders Before Huge Acquisition

Reuters | Posted 08.04.2012 | Business

* BofA accused of hiding Merrill losses, earnings dilution * Investors who owned stock, call options claimed losses * Ex...

Bombshell Report On BofA/Merrill Mess

The Huffington Post | Jillian Berman | Posted 06.04.2012 | Business

Mark Gongloff, HuffPostBiz's trusty financial news curator, is off so today's 7.5 Things is brought to you by Jillian Berman. Thing One: Merrill M...

The Latest Bankers To Hear Bad Bonus News

The Huffington Post | Bonnie Kavoussi | Posted 03.27.2012 | Business

As Wall Street adjusts to a less profitable chapter in its history, bankers may be finally feeling the pain that many American workers have known for ...

Wall Street Job Cuts May Hurt National Labor Market

Posted 12.22.2011 | Business

As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will ...

Big Bank To Slash Thousands Of Jobs

Posted 11.16.2011 | Business

Citigroup Inc may cut "slightly more" than 3,000 jobs, becoming the latest U.S. bank to eliminate positions, a source familiar with the matter sai...

Federal Reserve Looks To Support Economy With Less Drastic Measures

Posted 11.14.2011 | Business

(Mark Felsenthal) - The Federal Reserve, facing rising global financial strains and recession fears, is poised to increase downward pressure on lo...

Goldman Cuts Growth Forecasts On Weak Consumer Spending

Posted 09.17.2011 | Business

Goldman Sachs has cut its forecast for U.S. second-quarter growth to 1.5 percent from 2 percent, citing weak consumer spending. The downgrade f...

Jobless Claims Down As Labor Market Could Be Picking Up

Posted 07.19.2011 | Business

WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering hope the labor market...

'The Truth Behind The Jobless Recovery': Startups Can't Find Funding

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Even as the nation lacks the jobs to employ millions of workers, one crucial source of job-creation is being squelched: New businesses, which, accordi...

FBI Looking Into BofA-Merrill Deal

Charlotte News-Observer | Posted: Saturday, Sep. 19, 2009 | Posted 05.25.2011 | Business

The FBI in Charlotte and the U.S. Justice Department are among the multitude of agencies investigating Bank of America Corp.'s acquisition of Merrill ...

POLL: Did The Fed Cover Up The BofA Merrill Lynch Deal?

Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke is testifying before Congress today where he will be grilled on Bank of America's acquisition of Merrill Lynch. ...

Merrill Lynch Trading Inquiry: Hundreds Of Millions Possibly Lost

New York Times | LOUISE STORY and ERIC DASH | Posted 05.25.2011 | Home

CHARLOTTE, N.C. -- One Merrill Lynch trader apparently gambled away more than $120 million in the currency markets. Others seemingly lost hundreds of ...

Bank Of America Buys Merrill Lynch For $50 Billion

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — Merrill Lynch's shotgun sale to Bank of America will create the nation's largest financial services company _ one that some believe i...