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The Motley Fool January 14, 2008 Matt Koppenheffer |
Are These Numbers Real? Citigroup's fourth-quarter writedowns are expected to be staggering. |
Registered Rep. January 22, 2009 |
Thain Departs BofA--An $87,000 Rug? Say It Ain't So, John! Client AUMs Fall By 30 Percent In 2008 John Thain, former CEO of Merrill Lynch and the man who engineered the sales of the storied Wall Street firm to Bank of America in September, is leaving the combined firm immediately. |
The Motley Fool January 18, 2008 Matt Koppenheffer |
Why Would Anyone Be Bullish on Merrill? After dropping 50% from its 52-week high, will Merrill Lynch be able to continue as a going concern? |
BusinessWeek November 19, 2007 Goldstein & Henry |
On the Subprime Endangered List Which CEO will be catching subprime heat next now that Citigroup's Chuck Prince is out? Bear Stearns' Jimmy Cayne may be vulnerable. |
Registered Rep. June 11, 2008 |
Thain + You, Sittin' in A Tree Merrill Lynch CEO John Thain heaps praise upon the wealth management division during an interview. |
The Motley Fool January 15, 2008 Matt Koppenheffer |
Citi: Yes, It Got Worse Citigroup's write-off was smaller than expected, but the stock got punished. What gives? |
The Motley Fool July 29, 2008 Morgan Housel |
Mother Merrill Blows Her Top Merrill Lynch decides to dump more than $30 billion in mortgage-related assets in a move to rid itself of as many sickly holdings as possible. |
The Motley Fool June 30, 2008 Alex Dumortier |
Merrill Apes Goldman ... Again Merrill Lynch will create a senior executive role responsible for all European businesses in a move that mimics Goldman Sachs' hierarchy. |
The Motley Fool October 8, 2007 Matt Koppenheffer |
Quick Take: Merrill Lynch's Lapse Merrill Lynch announces that its third-quarter numbers will be very, very disappointing. |
BusinessWeek November 26, 2007 Maria Bartiromo |
John Thain on His New Job as CEO of Merrill Lynch John Thain talks about his appointment as CEO of Merrill Lynch. |
The Motley Fool October 5, 2009 Morgan Housel |
With Lewis Gone, Is Pandit Next? Citigroup's current CEO, Vikram Pandit, replaced Chuck Prince in 2007, so he can't be blamed for many of Citi's problems. But you can still argue that he should be replaced. |
Registered Rep. November 14, 2007 John Churchill |
NYSE's John Thain New Merrill CEO According to reports in the online versions of the New York Post and The Wall Street Journal, NYSE Euronext CEO John Thain has accepted the top spot at Merrill Lynch. |
Registered Rep. October 17, 2008 |
Merrill Posts $5.2 Billion Loss, Fifth In A Row Merrill Lynch reports its fifth straight quarterly loss, including a whopping $13.5 billion in mortgage-related asset write-downs, bringing the firm's sub-prime related losses/write-downs total to more than $65 billion. |
Registered Rep. February 10, 2009 |
In First Media Interview, McCann Says Resignation Was At A "Logical Time" In his first interview since leaving Merrill Lynch, Robert J. McCann says he maintains good feelings for both Merrill Lynch and the timing of his departure. |
The Motley Fool August 6, 2008 Morgan Housel |
Can Merrill Lynch Trust John Thain? He might not be consistent, but he's still a heck of a CEO. |
The Motley Fool December 8, 2008 Morgan Housel |
This Wall Street CEO Earned His Pay It's easy to boo Merrill Lynch CEO John Thain for his colossal payday, but if there's one Wall Street executive who actually deserves what he's asking for, it's him. |
The Motley Fool October 8, 2007 Matt Koppenheffer |
The Kids Aren't All Right, Stan Investors, did the losses at Merrill really come out of the blue? An estimated total $20 billion of losses suggests that "limited" was a severe understatement. |
Registered Rep. October 2, 2008 |
Thain Gets a Job at Bank of America Merrill Lynch CEO John Thain has accepted an offer to be president of Global Banking, Securities and Wealth Management at Bank of America. |
Registered Rep. January 6, 2009 |
Merrill's McCann Clashed With Thain Bob McCann, a popular Merrill veteran who led the firm's 16,850-person "thundering herd" of brokers, has resigned. |
The Motley Fool April 28, 2009 Morgan Housel |
Goldman's New Golden Boy? Fortune magazine reports there's a 50-50 chance Alan Schwartz -- Bear Stearns' CEO at the time of collapse -- will be Goldman Sachs' newest investment banking employee. |
The Motley Fool October 4, 2007 Matt Koppenheffer |
A Big Gulp for Big Banks? Is it possible that some big banks are writing off more than they need so that results in future periods can look better? |
Registered Rep. October 23, 2007 John Churchill |
Pre-Earnings Whisper Not Good for Merrill By announcing the likelihood of a multibillion-dollar write-down in its third quarter a few weeks ago, Merrill Lynch prepared investors for dismal earnings. |
Registered Rep. December 27, 2005 Stan Luxenberg |
Merrill Funds To Change Name In the latest move, the Wall Street giant announced that it intends to change the name of Merrill Lynch Investment Management's funds to -- well, that has yet to be determined and won't be until sometime in early 2006. |
The Motley Fool September 22, 2009 Morgan Housel |
Bank of America: One Step Closer to Freedom? The bank repays taxpayers for a bailout it claims it never really received. |
The Motley Fool April 21, 2008 Morgan Housel |
Merrill Lynch: Revenue Flops, Income Drops, Stock Pops It looks as though the slump will continue into next year. |
U.S. Banker October 2008 Joseph Rosta |
Another Sad Quarter The march of losses and significantly lower earnings commenced last week, with Citigroup reporting a $2.8-billion net loss, and Merrill Lynch -- soon to join Bank of America -- lugging a loss on continuing operations of $5.1 billion. |
Registered Rep. June 10, 2005 Kristen French |
On the (Acquisition) Warpath Merrill Lynch is hungry to buy companies. |
Registered Rep. December 4, 2007 Christina Mucciolo |
Thain Recruits Colleagues in First Week at Merrill John Thain wasted no time during his first week on the job as the new head of Merrill Lynch. |
The Motley Fool March 10, 2009 Morgan Housel |
Don't Fall for Citigroup's Fantasy The news that the bank is actually profitable takes stretching the truth to a whole new level. |
The Motley Fool October 26, 2007 Matt Koppenheffer |
Quick Take: Is It Goodbye to Stan? Rumors are raging that Merrill's CEO will be ousted. So why would Stan get the boot? Well, the most obvious reason would be the massive losses that Merrill racked up in its third quarter. |
The Motley Fool January 4, 2008 Matt Koppenheffer |
The Cost of Cash for Merrill Money isn't free for anybody -- least of all an investment bank that has written down billions of dollars in bad paper. |
Registered Rep. September 15, 2008 Kristen French |
Merrill Lynch Sells Itself To Bank of America: Update 3 The biggest question, now that BofA has agreed to buy Merrill Lynch, is what Bank of America will do to hold onto Merrill Lynch's dearest asset -- its approximately 17,000 financial advisors. |
The Motley Fool January 22, 2009 Morgan Housel |
Was Bank of America Forced to Buy Merrill? Two key questions that investors want to know the answers to are when those seemingly "unexpected" Merrill losses came to light, and why the deal was still consummated after they were discovered. |
Registered Rep. January 26, 2009 John Aidan Byrne |
New Head, But Same Old Mission For Merrill's Retail Bank of America has named general counsel Brian Moynihan, an executive well versed in legal and business principles, to replace John Thain. |
BusinessWeek November 26, 2007 Mara Der Hovanesian |
Why Not Larry Fink Laurence D. Fink foresaw the mortgage crisis and was a contender to succeed Stan O'Neal. Then Merrill passed him over. |
Registered Rep. January 28, 2009 John Aidan Byrne |
Merrill Chief Sontag Vows "To Restore Pride"; Brokers Ask, Hey, Sontag, Where Is My Bonus and Junket? Daniel C. Sontag, chief of Bank of America's newly-acquired wealth management division, fielded some tough questions Monday from miffed Merrill Lynch financial advisors. |
The Motley Fool October 22, 2008 Morgan Housel |
Another Insane Wall Street Pay Story One sneaky Merrill Lynch employee just scored himself a nice eight-figure windfall for no more than a few months work. |
Registered Rep. September 17, 2008 |
Merrill Reps: Waiting For Retention News Brokers were told they would be offered retention packages, but no further details have been offered so far. |
The Motley Fool January 16, 2008 Matt Koppenheffer |
JPMorgan Chase Is Singing in the Rain For the fourth quarter, the company's bottom line was solidly in the black, to the tune of $3 billion. |
The Motley Fool September 16, 2008 Alex Dumortier |
The BofA/Merrill Deal Won't Happen The current stock prices of Merrill Lynch and Bank of America imply that either the market doesn't believe the deal will happen, or it doesn't believe it will happen on the current terms. Read on to see why. |
The Motley Fool October 6, 2009 Jordan DiPietro |
Daily Walk of Shame: John Thain John Thain, former head of Merrill Lynch, sat down at The Wharton School of Business to speak with MBA students and a panel of experts. Does anyone else think it's ridiculous to honor him like he's some kind of post-war financial hero for answering a few tough questions? |
Registered Rep. February 26, 2009 John Churchill |
AG Cuomo Has the Goods--What Will Come of Merrill Bonuses? Former Merrill CEO John Thain testified before the AG for the second time on Tuesday, abiding by a court order that he share the names of bonus recipients with the AG after he initially declined to do so. |
The Motley Fool July 18, 2007 Matt Koppenheffer |
Dissecting Merrill's Earnings A second look at the bumper earnings from Merrill Lynch. Investors, take note. |
The Motley Fool January 23, 2006 Stephen D. Simpson |
Maybe a Bull Case for Merrill Lynch This large broker-dealer is doing well, but further operating improvements could make it a bargain for investors. |
The Motley Fool January 22, 2009 Morgan Housel |
Gone So Soon, John Thain? Merrill Lynch's John Thain has bowed out just weeks after selling his firm to Bank of America. |
The Motley Fool January 23, 2009 Morgan Housel |
Shame, Shame, John Thain The "take-the-money-and run-before-it's-too-late" behavior Merrill has exhibited at Thain's lead is, to say the least, appalling. |
The Motley Fool January 15, 2009 Morgan Housel |
Bank of America Comes Back for Seconds After biting off more than it could chew with its acquisition of Merrill Lynch, Bank of America is heading back to the bailout line for a second helping. |
Registered Rep. March 30, 2006 Kristen French |
Gorman Unrestrained Morgan Stanley retail chief James Gorman was freed by a New York State judge of the temporary restraining order that prevented him from raiding Merrill Lynch's brokerage ranks. |
Registered Rep. November 15, 2007 Christina Mucciolo |
Merrill Stops Squirming, Reps Have Mixed Reviews Previously, Merrill Lynch chiefs have usually been plucked from in house, and were former brokers, convivial and backslapping. By contrast, recently hired CEO John Thain is considered cerebral and not charismatic. |
Registered Rep. July 17, 2008 |
Merrill Posts Huge 2nd Quarter Loss; Retail Less Bad Than Principal Trading and Investment Banking Merrill Lynch provided a damper to the financial sector rally that has occurred over the past two days. |