Did Merrill Lynch’s latest high-profile recruiting coup break the bank?
Breakfast with Benjamin A record Merrill Lynch signing bonus might have pushed its monetary limit. Plus: Loving European stocks but hating the euro, taking a fresh look at gold, and protecting the nest egg from rising drug costs.
- Merrill Lynch’s record signing bonus to recruit a veteran team from rival Morgan Stanley might have pushed the limits of what’s actually in the bank. A hiring bonus equal to 400% of the team’s yearly revenue
- European stocks blow right past U.S. stocks in a move that nobody saw coming. The momentum of 2014 and the so-called strength of the U.S. economy was supposed to lead the way. Loving European stocks, but hating the euro
- Is it time to look past oil for some fresh opportunities in gold? The fundamentals all point to higher gold prices in coming years
- Protecting your nest egg from rising prescription costs. Step one: Talk to your doctor
Learn more about reprints and licensing for this article.
