Merrill Lynch

Inside look: A Merrill Lynch investigation into broker cold-calling

02/10/21

Documents shed light on how two brokers overseeing trainees allegedly called hundreds of phone numbers on Merrill’s Do Not Call list.

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$17B gone: The biggest-ever advisory team exit and the bank that lost it

06/06/19

For First Republic Bank in San Francisco, “the pain index is likely somewhere between excruciating and traumatic,” says one expert. But few realize how much the bank got for its money.

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$17B gone: The biggest-ever advisory team exit and the bank that lost it

06/06/19

For First Republic Bank in San Francisco, “the pain index is likely somewhere between excruciating and traumatic,” says one expert. But few realize how much the bank got for its money.

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Will big banks' suit against NCUA be a bust?

03/06/19

Several megabanks have sued the National Credit Union Administration claiming breach of settlement in a previous case related to mortgage-backed securities, but trends may favor the agency.

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BofA’s missed opportunity; Seeing the bad in earnings

10/15/18

BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings.

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Lifetime Achievement: UBS’ Rosemary Berkery

10/04/18

The former banking lawyer, who went on to run major business lines at Merrill Lynch and UBS, will be honored Thursday at American Banker’s Most Powerful Women in Banking gala.

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SIFIs slip; B of A Merrill settles securities charges

06/13/18

Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities.

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Rosemary Berkery, a member of UBS’ ‘Merrill mafia,’ to retire

03/21/18

Berkery, the chairman of UBS Bank USA, will be succeeded by Michael Blum. Berkery, a Merrill Lynch alum, was part of the turnaround team at UBS' wealth management unit, and during her tenure, the lending book at its bank more than doubled in size.

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Jack Ma fails again; mortgage lenders in credit score fight

01/04/18

Billionaire’s bid to buy MoneyGram is his latest setback trying to crack the U.S. market; banks want to stick with FICO while nonbanks want to use VantageScore.

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B of A executive spared any fine after bank's $415M penalty

09/01/17

William Tirrell, the former head of regulatory reporting at the bank's Merrill Lynch unit, negligently caused the firm to violate securities rules but will pay no penalty, the SEC says.

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