* Bank accused of hiding Merrill losses, bonuses * Settlement among largest tied to financial crisis By Bernard Vaughan ...
* Partisan spat over budget crisis could hurt economy * Economists expect politicians to avert budget crisis * Investor,...
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...
* Definitive settlement in lawsuit vs BofA directors * Final OK may wait until after trial in securities case * Director...
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 Merrill losses, earnings dilution * Investors who owned stock, call options claimed losses * Ex...
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...
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 ...
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 ...
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...
(Mark Felsenthal) - The Federal Reserve, facing rising global financial strains and recession fears, is poised to increase downward pressure on lo...
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...
WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering hope the labor market...
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...
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 ...
Federal Reserve Chairman Ben Bernanke is testifying before Congress today where he will be grilled on Bank of America's acquisition of Merrill Lynch. ...
CHARLOTTE, N.C. -- One Merrill Lynch trader apparently gambled away more than $120 million in the currency markets. Others seemingly lost hundreds of ...
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...
