- Thain set to testify on Merrill bonus winners
John Thain, the former Merrill Lynch & Co chief executive officer, will disclose to New York state lawyers the names of employees who got $...
- Wall Street's culture of entitlement hard to shake
John Thain, the ex-Merill Lynch chief, spent millions on his office decorations even as the firm was hemorrhaging money. Mantra in Year '09...
- Morgan Stanley CEO gives up bonus
Morgan Stanley CEO John J. Mack is giving up a bonus for the second straight year amid a climate of bank failures. Ghosts of 1929 I Credit ...
- BoA gives top job to Merrill Lynch CEO in the merged entity
Merrill Lynch's Chairman and Chief Exceutive Officer, John Thain will take over as the President of global banking, securities and wealth m...
- Wilbur Ross sees a thousand bank closure chances
Wilbur Ross said that there could be a lot more bank closures in the coming months. Gainers & Losers I Sectoral: Gainers, Losers I Gainers ...
- Merrill may go for first dividend cut
Merrill Lynch & Co CEO John Thain, battered by $19 billion of losses, vowed last week to maintain the firm’s 35-cent quarterly dividend.
- Merrill asset sales stir question of credibility
Merrill Lynch & Co's latest move to clear failed credit market investments from its books is likely to pressure other financial companies t...
- Merrill to sell $8.5 bn stocks
Merrill Lynch, the third-largest US securities firm, will sell stocks worth $8.5 billion and liquidate $30.6 billion of bonds at a fifth of...
- Wall Street stays off bank counters despite fall in valuations
Merrill Lynch chief executive John Thain is making a pitch to Wall Street: Buy the brokerage’s shares while they’re still cheap. But invest...
- Merrill eyes India's rising wealth pool
Merrill Lynch is betting on fast growing economies in the Asia Pacific, India in particular, to bolster flagging fortunes back home. Religa...
- India among most attractive markets: Merrill Lynch
Merrill Lynch CEO John Thain said that India would be less affected to the US slowdown because of its high demand and economic growth.
- Merrill Lynch posts steep Q1 loss
Merrill Lynch & Co., the world's largest brokerage, on Thursday said it would cut another 3,000 jobs after more than $6.5 billion (euro4.1 ...
- Merrill reports record $10-b net loss
Merrill Lynch reported a record loss after writing down at least $16.7 billion of failed investments, ousting its chief executive officer a...
- Merrill wins $6.2 bn as Singapore fund buys big stake
US investment bank and brokerage Merrill Lynch said on Monday it had raised a potential 6.2 billion dollars, mostly from a Singapore state-...
- NYSE inks pact with Tokyo SE
The New York Stock Exchange (NYSE) and Tokyo Stock Exchange (TSE) announced an alliance on Wednesday that extends the NYSE’s global reach a...
- Tokyo Stock Exchange plans tie-up with NYSE
The Tokyo Stock Exchange has said it was discussing a tie-up with the New York Stock Exchange, a move that could eventually pave the way fo...
- UK-based co acquires 66% stake in Candid Marketing
The UK-based International Marketing and Sales Group on Tuesday said it has acquired 66 per cent stake in marketing promotion service firm ...