Thursday, August 21, 2014 8:14 PM 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

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An anti-government demonstrator dressed as Batman yells slogans accompanied by passengers on a bus, during a protest against the 2014 World Cup in Rio de Janeiro June 12, 2014.
Batman V Superman Plot Details: Ben Affleck Older, Bat Robots In Gotham

By IBTimes AU

The teaser footage for "Batman V Superman: Dawn of Justice" revealed during the San Diego Comic-con probably only upped fans' excitement over the upcoming DC movie. Now a new report has come with some possible spoilers pertaining to B... (Aug 07)

MORE TOPICS: BANK OF AMERICA, TWITTER

Euro and U.S. dollar banknotes
Modern American Family Dynamics Complicate Wealth Management

By IBTimes AU

A survey of 680 high net-worth individuals in the U.S. with $3 million or more in investable assets found that the changing family structures, multi-generational and extended family circumstances, evolving gender roles, and generational views on inve... (Jul 09)

MORE TOPICS: BANK OF AMERICA, RETAIL, NEW JERSEY, MANAGEMENT, AGING, INVESTMENT

Majority of Americans Aged 50 Want to Continue Working After Retirement

By IBTimes AU

A joint study by the Bank of America Merrill Lynch (BoAML) and Age Wave found that a big majority or 72 per cent American pre-retirees over the age of 50 say they intend to continue working after retirement, albeit in a more flexible and fulfilling way. (Jun 25)

MORE TOPICS: BANK OF AMERICA, INVESTMENT

Aston Villa's Brewery controls the ball during their English Premier League soccer match against Manchester City at the Etihad Stadium in Manchester
English Premier League Club Aston Villa Put Up for Sale, Randy Lerner Decides to Quit

By IBTimes AU

Aston Villa, one of the prominent clubs playing at the English Premiere League, is up for sale. An official statement on the club Web site confirmed the report. (May 13)

MORE TOPICS: BANK OF AMERICA

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

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'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