(Adds Acadian Asset Management, Deloitte Corporate Finance, Merrill Lynch and General Atlantic)
Dec 16 (Reuters) - The Financial Industry Regulatory Authority (FINRA), Wall Street's industry-funded regulator, fined Bank of America Corp's Merrill Lynch unit $1.9 million for unfair pricing...
funds. 3-Mo T-Bills: BofA Merrill Lynch 3-Month U.S. Treasury Bill ..... High-Grade Corporates: BofA Merrill Lynch 15+ Year AAA-AA U.S. Corporate ..... EM Sovereign (USD): The BofA Merrill Lynch U.S. Dollar Emerging Markets
P/LSTA Leveraged Loan Index, and Bank of America Merrill Lynch High Yield Constrained Index. All indices are unmanaged. Investing directly in an index is not possible. Past performance is no guarantee ..... adjusted total return. Index Definitions Bank of America Merrill Lynch U.S. High Yield Constrained Index is a market capitalization
financial crisis, Barclays bought parts of Lehman Brothers, JPMorgan bought Bear Stearns, and Bank of America bought Merrill Lynch . Therefore, fewer liquidity providers—and those remaining having diminished risk appetites—meant dealer inventories
(In Dec. 10 story, corrects final paragraph to clarify that HighTower seeks to have as many teams interested in joining the Network channel as the Partnership channel, instead of that it hopes to hire as many teams as are in the Partnership channel)
NEW YORK (Reuters) - Merrill Lynch told its 14,000 brokers on Wednesday they will get higher bonus payments in 2015 for attracting new clients and assets but eliminated pay for servicing clients with less than $250,000.
NEW YORK, Dec 10 (Reuters) - Merrill Lynch told its 14,000 brokers on Wednesday they will get higher bonus payments in 2015 for attracting new clients and assets but eliminated pay for servicing clients with less than $250,000.
(Corrects final paragraph to say firm has five financial advisory groups on Network channel, not six)
differential has narrowed considerably over the past few years. For example, the yield spread between the Bank of America Merrill Lynch High Yield Index and Treasuries was recently about five percentage points--higher than it was earlier this year