Just a few months ago, working for Merrill Lynch was the pinnacle of achievement for many in the Merrill herd: Eighty percent of Broker Report Card respondents from Merrill said their firm was the best in the business...
The Baltic Dry Index, which tracks the cost of shipping goods and commodities like coal and iron ore around the globe, has fallen to six-year lows in recent weeks, and is off over 90 percent from its highs in May of...
Merrill Lynch confirmed that 6,200 advisors, or about 37 percent of all Merrill financial advisors, signed a retention agreement from new parent company Bank of America by 4 p.m. on Friday. But Merrill says that only...
Registered Rep. readers, most of whom are Republicans or Independents, are not too enthusiastic about the country’s new president Barack Obama—even though securities and investment firms ponied up $12.65...
Where are we now? Good question. It's a global rout, with worldwide governments pumping $3 trillion of rescue capital into the financial system. Will it work? We wanted to quantify the situation with a view to...
If Bank of America signs the broker protocol, it will be pretty much business as usual for Merrill advisors, say securities lawyers. But advisors may not know whether BofA will sign it before they have to sign their...
Merrill Lynch financial advisors put off by non-compete language in the retention package they received last week—and must now decide whether to sign—are getting assurances from Merrill that it’s...
