Topic: Merrill Lynch & Co. Inc.
CHARLOTTE, North Carolina (Reuters) - A New York federal judge has approved the creation of a $150 million settlement fund for Bank of America Corp shareholders, as part of a larger settlement with the Securities and Exchange Commission over the bank's 2
SYDNEY/LONDON (Reuters) - With up to $190 million in potential fees up for grabs, BHP Billiton's bid for Canada's Potash Corp is the deal investment bankers around the world had been hoping for.However, there was a notable change in ...
CHARLOTTE, North Carolina (Reuters) - Bank of America Merrill Lynch will pay $2.5 million in restitution and fines after it failed to provide discounts to customers on a type of securities sale, the brokerage industry's primary regulator said on Wednesda
NEW YORK (Reuters) - Och-Ziff Capital Management Group was a subject of a regulatory probe surrounding Lehman Brothers' 2008 collapse but the investigation went "nowhere," a lawyer for the fund company said on Wednesday.The investigation by the U.S. Sec
LONDON (Reuters) - Almost two-thirds of investors expect Europe's banks to raise significant capital in the next year following a health check that forced little fundraising but showed up some weak spots, according to a survey.The survey of 166 equity inv
NEW YORK (Reuters) - New York has sued Bank of America Corp and its Merrill Lynch & Co unit over the companies' merger and Merrill's subprime mortgage exposure, hoping to recover more by suing on its own than by joining existing class-action litigati
NEW YORK (Reuters) - Investors have grown more skeptical of their full-service brokers, even as overall satisfaction rebounded along with the markets during the past year, according to the latest J.D. Power & Associates survey.The annual study measure
Cowen Group names former Merrill Lynch exec Michael Costa head of mergers and acquisitionsCowen Group Inc. on Monday named a former Merrill Lynch executive as its new head of mergers and acquisitions.Michael R. Costa, a one-time managing director at Merri
NEW YORK (Reuters) - Fund Cambridge Place Investment Partners is suing a number of banks for mis-selling a total of $2.4 billion in mortgage-backed securities, an online report by The Daily Telegraph newspaper in London said on Sunday.Cambridge Place, a f
NEW YORK (Reuters) - Big brokerages are working to boost banking and lending services to their clients, eager for new revenue to offset the squeeze from volatile markets and nervous clients clinging to low-margin bond and cash funds.Morgan Stanley Smith B