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Registered Rep.
October 24, 2007
John Churchill
Merrill Earnings Ugly, But Brokerage Is The Sweet Spot Stan O'Neal opened Merrill Lynch's earnings call by not beating around the bush: The firm had a net loss of $2.3 billion, due largely in part from $7.9 billion in write-downs related to exposure to sub-prime mortgages and collateralized debt obligations. mark for My Articles similar articles
Registered Rep.
October 26, 2007
David Geracioti
O'Neal Rumored To Be On the Chopping Block Apparently Merrill Lynch has been gorging itself on risk. And, it may cost CEO Stan O'Neal his job. Merrill's shares are down by about 35% this year. mark for My Articles similar articles
Registered Rep.
March 16, 2012
Kristen French
Due Diligence: Merrill Cost-Cutting Centers on Client Segmentation, Less Bureacracy Merrill Lynch financial advisors can expect Bank of America cost-cutting to take the form of greater client segmentation and reduced bureaucracy, said John Thiel of Merrill Lynch mark for My Articles similar articles
Registered Rep.
June 11, 2008
Thain + You, Sittin' in A Tree Merrill Lynch CEO John Thain heaps praise upon the wealth management division during an interview. mark for My Articles similar articles
Registered Rep.
August 4, 2009
French & Churchill
Dan Sontag Departs Merrill Lynch Much beloved by Merrill financial advisors, Dan Sontag is stepping down as head of Merrill Lynch Global Wealth Management. mark for My Articles similar articles
Registered Rep.
October 2, 2008
Thain Gets a Job at Bank of America Merrill Lynch CEO John Thain has accepted an offer to be president of Global Banking, Securities and Wealth Management at Bank of America. mark for My Articles similar articles
Registered Rep.
April 27, 2011
Jerry Gleeson
Merrill Lynch Names Thiel to Run U.S. Brokerage Thiel, 50, will replace Lyle LaMothe. LaMothe, also 50, said on March 4 that he would retire as head of Merrill Lynch U.S. Wealth Management. mark for My Articles similar articles
Registered Rep.
October 17, 2008
Merrill Posts $5.2 Billion Loss, Fifth In A Row Merrill Lynch reports its fifth straight quarterly loss, including a whopping $13.5 billion in mortgage-related asset write-downs, bringing the firm's sub-prime related losses/write-downs total to more than $65 billion. mark for My Articles similar articles
Registered Rep.
June 4, 2009
John Churchill
Merrill Lynch's Dan Sontag Out? Salaried Merrill Brokers? Not so Fast According to a story posted yesterday on Clusterstock.com, a financial blog, Dan Sontag, head of Merrill Lynch's global wealth and investment management unit, is about to be pink-slipped. mark for My Articles similar articles
Registered Rep.
February 10, 2009
In First Media Interview, McCann Says Resignation Was At A "Logical Time" In his first interview since leaving Merrill Lynch, Robert J. McCann says he maintains good feelings for both Merrill Lynch and the timing of his departure. mark for My Articles similar articles
Registered Rep.
January 28, 2009
Merrill Cuts Trainees Let the penny pinching commence! Merrill Lynch's training program took a hit yesterday as many of its trainees were shown the door. mark for My Articles similar articles
BusinessWeek
November 26, 2007
Maria Bartiromo
John Thain on His New Job as CEO of Merrill Lynch John Thain talks about his appointment as CEO of Merrill Lynch. mark for My Articles similar articles
Registered Rep.
October 5, 2009
Kristen French
Merrill Launches Branding Campaign; Recruiting Net Positive The new campaign Monday will cost the firm $20 million in the fourth quarter, the most Merrill has ever spent on marketing. mark for My Articles similar articles
Registered Rep.
October 28, 2015
Merrill Lynch: A Simple and Streamlined Approach Merrill Lynch designed Merrill Lynch One, a multi-year, $100 million project that brought together five disparate money management platforms, each with their own fee structure, enrollment process and website. mark for My Articles similar articles
Registered Rep.
April 18, 2008
Merrill: An Able Foil to Bear? Merrill Lynch's streak continues -- a third quarter in a row that the firm has reported a loss. mark for My Articles similar articles
Investment Advisor
November 2009
Kathleen M. McBride
Merrill's Big Plans The importance of culture at the organization is what Sallie Krawcheck spoke of at her first press conference as president of Global Wealth Management & Investment Management at Bank of America Merrill Lynch. mark for My Articles similar articles
Registered Rep.
January 1, 2003
David A. Gaffen
Merrill Takes it To the Bank One of Merrill Lynch's major initiatives in the coming year will be to continue to attract clients to the firm's expanded banking service, known as Beyond Banking. mark for My Articles similar articles
Registered Rep.
November 1, 2004
David A. Geracioti
Merrill Names Dallas Private Banking Head Mark Casey was moved to Merrill Lynch's new Private Banking and Investment Group office in Dallas, where he will oversee the so-called "Texas region" of that group. mark for My Articles similar articles
Registered Rep.
February 16, 2012
Kristen French
Due Diligence: LaMothe Takes Swipe at BofA, Does 180 on Value of Bank-Brokerage Tie Ups Lyle LaMothe, former head of retail brokerage Merrill Lynch, claims that Merrill advisors are leaving the firm because they are being pushed to sell the whole bank instead of focus on wealth management and what's best for their clients. mark for My Articles similar articles
Registered Rep.
January 24, 2011
Jerry Gleeson
BofA/Merrill Pricing Plan To Advance Cross-Selling Merrill Edge, the discount investment brokerage that Merrill Lynch rolled out last year, is playing its part in parent company Bank of America's effort to cross-sell consumer banking and investment services. mark for My Articles similar articles
Registered Rep.
May 14, 2010
John Aidan Byrne
Bank of America Still Ramping Up Merrill Branding Though it recently wrapped up a national advertising campaign for Merrill Lynch, Bank of America continues to ramp up branding of the division, with an extension of the Merrill New York Yankees sponsorship and other activities. mark for My Articles similar articles
Registered Rep.
November 15, 2007
Christina Mucciolo
Merrill Stops Squirming, Reps Have Mixed Reviews Previously, Merrill Lynch chiefs have usually been plucked from in house, and were former brokers, convivial and backslapping. By contrast, recently hired CEO John Thain is considered cerebral and not charismatic. mark for My Articles similar articles
Registered Rep.
May 22, 2007
Sick Days Merrill Lynch recently announced a new sick-day protocol that shaves down employees' sick-days from 40 to 4. The firm claims the move brings Merrill in line with its competitors. mark for My Articles similar articles
The Motley Fool
October 8, 2007
Matt Koppenheffer
Quick Take: Merrill Lynch's Lapse Merrill Lynch announces that its third-quarter numbers will be very, very disappointing. mark for My Articles similar articles
Registered Rep.
June 1, 2010
John Aidan Byrne
Bank of America Ramps Up Online Brokerage Bank of America is making a push into electronic brokerage services, a menu that includes free online trading and a new platform called Merrill Edge, set to debut in late June. Some say the new services will steal business from Merrill advisors. mark for My Articles similar articles
Registered Rep.
March 5, 2012
Jerry Gleeson
Team Swaps Merrill for Hightower Over Frustration with International Biz Jordan Waxman, Kenneth Hoffman and Richard Steinberg left Merrill Lynch and joined HighTower, the Chicago-based national registered investment advisor. mark for My Articles similar articles
Registered Rep.
April 16, 2010
Jerry Gleeson
Merrill Advisor Defections Flat In Q1, Profit Falls Profits were down last quarter at Merrill Lynch but the brokerage's performance still helped to lift the fortunes of its new parent, Bank of America Corp. mark for My Articles similar articles
The Motley Fool
January 18, 2008
Matt Koppenheffer
Why Would Anyone Be Bullish on Merrill? After dropping 50% from its 52-week high, will Merrill Lynch be able to continue as a going concern? mark for My Articles similar articles
Registered Rep.
April 15, 2009
Kristen French
Bank of America Launches Client Referral Program It's one of several referral programs the bank is putting together as part of its integration with Merrill Lynch, including one that would offer leads from the commercial banking division to certain Merrill Lynch advisors. mark for My Articles similar articles
Registered Rep.
October 31, 2007
John Churchill
UBS Earnings Bomb Swiss banking giant UBS joined Merrill Lynch at the bottom of the credit related write-down pile with the release of its earnings. mark for My Articles similar articles
CRM
May 1, 2003
Ron Miller
Big Deal Merrill Lynch signs a five-Year CRM contract. mark for My Articles similar articles
The Motley Fool
June 30, 2008
Alex Dumortier
Merrill Apes Goldman ... Again Merrill Lynch will create a senior executive role responsible for all European businesses in a move that mimics Goldman Sachs' hierarchy. mark for My Articles similar articles
Registered Rep.
January 22, 2009
Thain Departs BofA--An $87,000 Rug? Say It Ain't So, John! Client AUMs Fall By 30 Percent In 2008 John Thain, former CEO of Merrill Lynch and the man who engineered the sales of the storied Wall Street firm to Bank of America in September, is leaving the combined firm immediately. mark for My Articles similar articles
Investment Advisor
December 2009
Melanie Waddell
Retirement Planning: Income Plans, Merrill Style Service links Bank of America deposit accounts with Merrill Lynch cash management accounts. mark for My Articles similar articles
BusinessWeek
November 5, 2007
Matthew Goldstein
Why Merrill Got Burned So Badly Its leadership role in underwriting risky CDOs brought in millions in fees but put Merrill Lynch in the subprime bull's-eye. mark for My Articles similar articles
Registered Rep.
October 30, 2003
Merrill CEO: We're Hiring Stan O'Neal, chairman and chief executive officer of Merrill Lynch, says the company is accelerating its hiring of financial advisors. mark for My Articles similar articles
Registered Rep.
February 10, 2012
Jerry Gleeson
RIA Rising: How a Merrill Policy Sent an Advisor Down Independence Road The partners at Beirne Wealth Management Group in Milford, Conn. had talked off and on over the years about leaving the wirehouse, John Beirne Jr. told me, but it took a new sales policy from the company headquarters to push the practice out the door. mark for My Articles similar articles
The Motley Fool
January 23, 2006
Stephen D. Simpson
Maybe a Bull Case for Merrill Lynch This large broker-dealer is doing well, but further operating improvements could make it a bargain for investors. mark for My Articles similar articles
Registered Rep.
September 15, 2008
Kristen French
Merrill Lynch Sells Itself To Bank of America: Update 3 The biggest question, now that BofA has agreed to buy Merrill Lynch, is what Bank of America will do to hold onto Merrill Lynch's dearest asset -- its approximately 17,000 financial advisors. mark for My Articles similar articles
Registered Rep.
November 6, 2008
Bank Of America To Sign Protocol, Herd Still Weighing Options Bank of America intends to sign the so-called "broker protocol," an agreement signed by most of the brokerage firms and RIAs stipulating what client information is acceptable for a departing financial advisor to take without getting sued by the former employer. But when? mark for My Articles similar articles
Registered Rep.
November 1, 2007
John Churchill
Subprime Mess: Merrill and Goldman Reportedly Under Eye of SEC The subprime debt market blowup has had very different effects on Wall Street firms Goldman Sachs and Merrill Lynch, but both firms could be getting a visit from the SEC to make sure everyone played by the rules. mark for My Articles similar articles
Registered Rep.
April 24, 2006
Kevin Burke
Merrill Launches `Leadership' Magazine Initially, the new magazine's target readership will be Merrill's senior-management ranks, with plans to expand to include a wider audience of business leaders over time. mark for My Articles similar articles
The Motley Fool
July 20, 2006
Alex Dumortier
Merrill's Bull Stampeding Nearly all of Merrill's business lines showed strength and the firm seems to have navigated smoothly through a choppy market. That ought to keep investors running with this bull for now. mark for My Articles similar articles
Registered Rep.
October 1, 2008
David A. Geracioti
The Deposit Sugar Daddy The surprising take over of Merrill Lynch by Bank of America. mark for My Articles similar articles
Registered Rep.
April 15, 2011
Kristen French
Merrill Earnings Strongest Since Bank of America Takeover Bank of America's Global Wealth and Investment Management division, which includes Merrill Lynch, reported its highest earnings since Bank of America's takeover of Merrill in late 2008, as asset management and brokerage fees rose. mark for My Articles similar articles
The Motley Fool
October 25, 2007
Matt Koppenheffer
A Major Stumble at Merrill Lynch In quarterly results Merrill Lynch announces its writedown will be $7.9 billion, almost twice as much as announced just last month. mark for My Articles similar articles
Registered Rep.
November 10, 2009
David A. Geracioti
Merrill Integration Ahead of Schedule, Says Lewis An article in the New York Post claims Merrill Lynch advisors are annoyed with Bank of America's (BoA) efforts to get them to offer their clients BoA checking accounts, but Ken Lewis says that's not true. mark for My Articles similar articles
Registered Rep.
October 23, 2007
John Churchill
Pre-Earnings Whisper Not Good for Merrill By announcing the likelihood of a multibillion-dollar write-down in its third quarter a few weeks ago, Merrill Lynch prepared investors for dismal earnings. mark for My Articles similar articles
Registered Rep.
July 18, 2008
Woo-hoo! Citigroup Only Loses $2.5 billion In 2Q; Client Assets Flee Smith Barney Citigroup reported its second quarter earnings today, beating analyst expectations by losing far less money than anticipated. mark for My Articles similar articles
The Motley Fool
July 18, 2007
Matt Koppenheffer
Dissecting Merrill's Earnings A second look at the bumper earnings from Merrill Lynch. Investors, take note. mark for My Articles similar articles