Merrill to open tech center in Canada

Merrill Lynch will hire 250 people by the end of 2008 to staff a new technology center in Toronto.
OCT 11, 2007
By  Bloomberg
Merrill Lynch & Co. Inc. will hire 250 people by the end of 2008 to staff a new technology center in Toronto. The New York-based financial services company’s new facility will employ technology professionals with expertise in developing systems for the financial services industry, Merrill Lynch spokeswoman Danielle Robinson told Bloomberg. The facility will develop systems for Merrill Lynch businesses including global data management, risk and analytics services as well as financial futures and options, Merrill said, according to published reports. Merrill also has research and technology centers in Singapore; Camberley, United Kingdom; Dublin, Ireland and Jacksonville, Fla.

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave