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Merrill loses $9.83 billion in fourth quarter
Suffering the largest quarterly loss in its 93-year history, the company recorded a $16.7 billion write-down.
Merrill Lynch names chief risk officer
Noel B. Donohoe will have joint responsibility with Edmond N. Moriarty who was appointed to the same position this past September.
Merrill Lynch gets $6.6 billion infusion
The firm received the sum from selling preferred shares to a group of global investors.
Merrill probed for ‘frontrunning’
The SEC investigation is in "advanced" stages, according to The Wall Street Journal.
Citi, Merrill, Morgan hit with ERISA claims
Employee plaintiffs are lining up to sue the major brokerage firms over losses in company stock.
Disclosure rules contain loophole
The Financial Industry Regulatory Association encourages investors to check on the professional backgrounds of brokers by using its BrokerCheck system.
Merrill’s 4Q loss expected to deepen
The firm may take a $15 billion loss, more than double the $7.9 billion first estimated.
$1 trillion in 130/30 by 2011, says Merrill
Merrill Lynch's report assumes total U.S. institutional assets in 130/30s currently total $50 billion.
Merrill exec stays free on Enron rap
A judge rejected a push to throw a former Merrill executive back in jail for crimes related to the collapse of Enron.
Merrill adds new trading-error policy
Merrill Lynch has implemented a new policy covering trading errors.
Report: Merrill looking to sell more stake
Merrill Lynch is searching for more bidders in China and the Middle East, according to London’s Observer.
Citi could face $12 billion write-down
The Wall Street bank may face a loss of $3.3 billion, or 65 cents per share, during the fourth quarter.
Report: Merrill to ax 1,600 workers
The Wall Street firm could eliminate 10% of the staff in its trading division, CNBC reported.
Merrill Lynch seeks cash infusion
The firm will sell a $5 billion stake to a Singapore company and the bulk of its commercial finance arm.
More write-down woes seen for Merrill
Merrill Lynch could face at least $8 billion in write-downs for mortgage-related securities in the fourth quarter.
Report: Merrill on track for $5B boost
Merrill Lynch is in advanced talks to receive a $5 billion cash infusion from Temasek Holdings of Singapore.
Merrill settles class action for $15 million
In 2002, the firm also agreed to pay $100 million and reform its investment-counseling practices.
Merrill brings Kronthal back in the fold
Jeffrey Kronthal returns to the firm as a consultant on its portfolio of subprime-mortgage assets.
Merrill fixed-income bonuses to plummet
Payments may fall by as much as 80% for traders who specialize in mortgage bonds and CDOs
Tutwiler follows Thain to Merrill
Merrill Lynch has named Margaret D. Tutwiler as its new head of global communications and public affairs.
