Saturday, April 19, 2014 1:50 AM EST

Merrill Lynch

Bank of America Merrill Lynch is the investment banking and wealth management division of Bank of America. With over 20,000 brokers and $2.5 trillion in client assets it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York Stock Exchange under the ticker symbol MER. The firm was acquired by Bank of America under distressed circumstances during the 2008 Financial Crisis, at which point Bank of America merged its global banking and wealth management division with the newly acquired firm. Read More

Articles About Merrill Lynch

Japan tech shares slip; others relieved at U.S. jobs
Asian Shares Slump, Yen Gains as Investors Await BOJ

By Reuters

Asian stocks slumped in early trading on Tuesday as Wall Street gloom cast a shadow over the session, while caution ahead of the Bank of Japan's meeting outcome limited gains of the safe-haven yen. (Apr 08)

MORE TOPICS: GOLD, BANK OF AMERICA, FIXED-INCOME, JAPAN, BANK OF JAPAN, EUROPEAN CENTRAL BANK

A Bank of America sign is shown on a building in downtown Los Angeles, California January 15, 2014.
Bank of America to Pay $9.3 Billion to Settle Mortgage Bond Claims

By Reuters

Bank of America (BAC.N) agreed to pay $9.3 billion to settle claims that it sold Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) faulty mortgage bonds, helping the bank to end one of the largest legal headaches it still faced from the financial crisis. (Mar 27)

MORE TOPICS: FREDDIE MAC, FANNIE MAE, BANK OF AMERICA, GOLDMAN SACHS, HSBC, COURT

U.S. Fed Guessing Game Intensifies While West Isolates Russia
U.S. Fed Guessing Game Intensifies While West Isolates Russia

By Reuters

The guessing game over U.S. interest rates is likely to intensify this week after new Fed Chair Janet Yellen raised the prospect of a hike early next year, while Russia's annexation of Crimea will keep investors focused on its next move. (Mar 24)

MORE TOPICS: BARACK OBAMA, FEDERAL RESERVE, BANK OF AMERICA, BNP PARIBAS, COMMERZBANK, HSBC

Economic Activities Moving Up in March but Not Too Much, Westpac Says
Westpac Chief Economist Forecasts Reserve Bank of Australia Will Increase Overnight Cash Rate in Q3 2015

By IBTimes AU

The Reserve Bank of Australia (RBA) would not likely follow the footstep of neighbour's Reserve Bank of New Zealand which last week its overnight cash rate by 25 basis points to 2.75 per cent. (Mar 18)

MORE TOPICS: UNEMPLOYMENT, BANK OF AMERICA, GOLDMAN SACHS, JPMORGAN CHASE, WESTPAC, AUSTRALIA

China economy
China's $12 Trillion Corporate Debt Pushes up Refunding Costs, Drives Mergers

By Reuters

China's corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults, as credit repayment problems rise. (Feb 26)

MORE TOPICS: CHINA, STANDARD CHARTERED BANK, GDP, MANAGEMENT, INVESTMENT

A broker monitors share prices while trading at a brokerage firm in Mumbai August 22, 2013.
Investors in Commodity Exchanges Jump Ship

By Reuters

The Indian Commodity Exchange (ICEX) is set to fold due to plummetting trading volume as a result of the government's failure to liberalise and investors retreat from futures markets after a major financial scandal at another exchange last year. (Feb 08)

MORE TOPICS: GOLD, BANK OF AMERICA, NYSE, NYSE EURONEXT, INDIA, INVESTMENT

Asian markets outside Australia finish the week higher
Emerging Markets Outlook not Rosy, but Valuations Tempt

By Reuters

Emerging markets were facing headwinds going into 2014, but January's rout surprised even the gloomiest of investors, with big declines in stocks, bonds, and currencies. (Feb 04)

MORE TOPICS: CHINA, BANK OF AMERICA, GOLDMAN SACHS, TELECOMS, INDIA, MEXICO

Fonterra and China's milk industry
Record Dairy Prices, $10B Milk Export to China Boost NZ Economy, While Australia’s Limps

By IBTimes AU

Neighbours Down Under Australia and New Zealand are currently studies in contrast, insofar as their economies are concerned. (Feb 03)

MORE TOPICS: CHINA, BANK OF AMERICA, AUSTRALIA, EARTHQUAKE

Auto rickshaws wait in front of the head office of State Bank of India (SBI) in New Delhi August 12, 2013.
State Bank of India Launches up to $1.5 Billion Share Sale - Sources

By Reuters

State Bank of India launched a share sale on Tuesday to raise up to $1.5 billion, said three sources directly involved in the deal, in the country's biggest equity offering in almost a year. (Jan 29)

MORE TOPICS: CITIGROUP, BANK OF AMERICA, DEUTSCHE BANK, HSBC, UBS AG, INDIA

A Bank of America sign is shown on a building in downtown Los Angeles, California January 15, 2014.
Bank of America's Trading Practices Probed, Shows Filing

By Reuters

The U.S. Department of Justice and the Commodity Futures Trading Commission have both held investigations into whether Bank of America (BAC.N) engaged in improper trading by doing its own futures trades ahead of executing large orders for clients, according to a regulatory filing. (Jan 27)

MORE TOPICS: FREDDIE MAC, FANNIE MAE, BANK OF AMERICA, NEW YORK, DEPARTMENT OF JUSTICE, FBI