United Kingdom | Wednesday, 3 December 2008

Merrill Articles

View All Articles About 'Merrill'
1. Bank of America to buy Merrill
Bank of America said it agreed to buy Merrill Lynch in an all-stock deal worth $50 billion (27.7 billion pounds), snagging the world's largest retail brokerage after one of the worst-ever weekends on Wall Street.
15 Sep 2008
2. Merrill may avoid UK tax after $29 bln loss
Merrill Lynch is unlikely to pay corporation tax in the UK for several decades after it charged $29 billion (15.5 billion pounds) of losses to its London-based subsidiary, the Financial Times said Thursday citing a company filing.
15 Aug 2008
3. Citigroup and Merrill to buy back auction-rate debt
Citigroup and Merrill Lynch said they would buy back billions of dollars of illiquid auction-rate securities from retail clients, and Citigroup agreed to pay a $100 million fine to settle charges it fraudulently misled investors about the debt's risk.
08 Aug 2008
4. Lehman expected to follow Merrill's route
Lehman Brothers is expected to follow in Merrill Lynch's footsteps and sell a lot of risky assets at a loss. But shedding the assets may create another headache for Lehman - the need to raise large amounts of new capital, including common equity.
07 Aug 2008
5. Merrill sets $5.7 billion write-down
Merrill Lynch said on Monday it will take a $5.7 billion (2.9 billion pound) third-quarter write-down as it unloads huge amounts of risky debt, and raise $8.5 billion by selling new stock.
29 Jul 2008
6. Merrill Lynch reports $7.8bn loss
US bank Merrill Lynch has reported a net loss of $7.8 billion for the full year 2007, following the sub prime mortgages crisis last year.
17 Jan 2008
7. Merrill seen to seek billions
U.S. investment bank Merrill Lynch & Co is seeking about $4 billion (2 billion pounds) in a second capital raising, and the Kuwait Investment Authority is expected to be a significant investor in the new deal, the Financial Times reported on Sunday, citing people familiar with the matter.
14 Jan 2008
8. Dollar and demand fall to weigh on commodities
The long run commodities bull run will pause this year as demand slows and a falling dollar prompts non U.S. investors to retreat from the market, U.S. investment bank Merrill Lynch said on Monday.
06 Feb 2007
9. Merrill cuts rating on global mining sector
Merrill Lynch has cut its rating on the global metals, mining and minerals sector to "neutral", the bank said on Friday.
08 Dec 2006
10. Tesco Transaction in Shares
Tesco announced today a transaction in shares today.
17 Nov 2006
[1] [2]
advertisement