...$5 billion in collateral from a teetering Lehman Brothers Holdings Inc. last month, the big bank made the same demand from Merrill Lynch & Co. Lehman paid the $5 billion to J.P. Morgan and sought bankruptcy protection four days later as an outflow of client...
...undermines support for the municipal market. Tax-exempt bonds have fallen 3.15 percent since the end of June, according to Merrill Lynch & Co.'s total-return Municipal Master Index. The quarter's decline may exceed the 3.18% drop in the second period of 2004,...
...Inc., a company formed by Teachers and its private equity backers, Providence Equity Partners, Madison Dearborn Partners and Merrill Lynch & Co. Inc. DRRS, which famously assigned non-bank asset-backed commercial paper its top triple-A rating prior to that...
...be awarded greater authority to aid banks that fail across multiple borders, said Klaus Baader, chief European economist at Merrill Lynch in London. "Regulation is clearly going to be rewritten and when it is, the ECB's role will be enhanced,'' said Baader. ...
...in the way of that, he said: "There's a big software problem, but the software problem might not trump what's happening now in Merrill Lynch, for instance." Maybe they should institute a rule that you canât sell, only buy. That would solve some problems....
...for inflation, in part because of the financial crisis and the flight to liquidity, says Joseph Shatz, senior director at Merrill Lynch & Co. "That creates an opportunity for investors to invest in TIPS rather than nominal Treasurys as long as they're buy-and-hold...
...from investor Warren Buffett, quickly followed by JPMorgan raising $11.5bn. The capital raising was underwritten by BofA and Merrill Lynch. It is believed that investors who lent Merrill money through the tri-party repurchase market with JP Morgan acting as...
...month. Only two big independent brokerages are left after the collapse of Lehman Bros. and the buyouts of Bear Stearns and Merrill Lynch. The two survivors, Goldman Sachs (GS) and Morgan Stanley, (MS) aren't even investment banks anymore after converting to...
...Permanent closed on â¬4.053, 18.9 per cent weaker on the day. Bank of Ireland fell 7.3 per cent to â¬3.709. The bank told the Merrill Lynch conference that it was "well capitalised" and had a "conservative asset profile". AIB shed 14 per cent to â¬5.50, 50 cent...
...the US - he received a $22 million (â¬16 million) bonus in March - his earnings are dwarfed by others on Wall Street. Former Merrill Lynch chief executive Stanley O'Neal collected $161 million after being forced to walk the plank in the wake of massive subprime-related...