Merrill Lynch’s Thundering Herd is having a huge crisis of confidence. Bank of America’s integration of the prized brokerage empire is spooking many Merrill financial advisers, who are balking ...

UPDATED -- Bank of America on Monday began adding another slice to its growing financial services empire, buying Merrill Lynch in a $50 billion deal. It will rival Citigroup Inc., the biggest U.S ...

Bank of America Corp.'s Merrill Lynch Wealth Management unit is banning trainee brokers from making cold calls, a vestige of an era when the industry pushed hot stocks on anyone who would pick up ...

Morgan Stanley, Merrill Face Lower Net Interest Income, Strong Fee Revenue . Jul 16, 2024. $1.2B Team Departs Certuity to Launch New RIA . Jul 16, 2024. Charles Schwab ...

Bank of America Corp. signage is displayed at a branch in New York, U.S., on Tuesday, Sept. 3, 2013. Bank of America Corp. rose in New York trading after setting a $1.5 billion goal for its sale ...

Bank of America is acquiring Merrill Lynch in a $50 billion deal that could turn the big U.S. bank into a global financial-services powerhouse. But Bank of America must first successfully ...

Bank of America and its Merrill Lynch investment company settled a lawsuit with two Black women employees who said they were excluded from opportunities because of their race and sex, according to ...

Recently, the Securities and Exchange Commission granted approval to allow Bank of America 's shareholders to vote on a proposal that would allow management to explore a spinoff of Merrill Lynch.

Mother Merrill was a Wall Street institution for decades. But Bank of America, which agreed to buy the firm in 2008 and has preserved the name in parts of the bank, now plans to largely get rid of it.

It's been nearly eight years since the financial crisis, yet Bank of America (NYSE: BAC) is still earning half as much money as it should be given its size. In this episode of Industry Focus ...

Our long-time staff writer Halah Touryalai, who now toils for our "frenemy" Forbes.com, has a good story today, echoing a sentiment that has been rattling around the brains of many Merrill's ...