You Searched For "Merrill Lynch" and got 20 results
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2 mins read
We've mapped out the 30 most powerful people in Bank of America Merrill Lynch's vaunted bond-trading division
After defecting to Merrill Lynch in 2008, and following the crisis-era merger with Bank of America,…
Alex Morrell,Yutong Yuan
4 mins read
Merrill Lynch is hiking payouts for retiring advisers and subsidizing client handovers - it's a bid to hang on to assets as the wealth industry is quickly aging
Merrill will also subsidize 20% of the cost to the inheriting adviser, meaning the remaining advise…
Rebecca Ungarino
2 mins read
Coinbase's big day - JPMorgan poaches Marcus exec - Merrill trainees are still on pause
The top finance stories for April 14, including the latest news on a trio of hires at JPMorgan Chas…
Dan DeFrancesco,Jordan Parker…
4 mins read
Merrill Lynch's 'thundering herd' of advisers are winning over troves of new millionaires, and the growth is coming from a surprising place
"If you're an individual financial adviser and you're looking at your own practice and business, pr…
Alex Morrell
6 mins read
What's behind a new training push at Merrill Lynch; Blackstone CEO Steven Schwarzman talks succession planning; JPMorgan wants more UX experts
Dakin Campbell was posted up at Davos this week, and chatted on the sidelines with Blackstone CEO S…
Meredith Mazzilli
1 min read
Bank of America Merrill Lynch is firing traders
Business Insider reported last month that the bank had asked senior executives some weeks ago to dr…
Matt Turner
3 mins read
Merrill Lynch is creating a guide to help wealthy people choose how to spend their money, and there are only 4 options
As Sullivan wrote, "increasing wealth while spending heavily is difficult without additional source…
Tanza Loudenback
4 mins read
Merrill Lynch is shifting how it handles staff who drop out of its financial adviser trainee program, and it highlights the industry's evolving career paths
New advisers who exit the trainee program at Merrill Lynch these days may take a new role as a fina…
Rebecca Ungarino
2 mins read
Meet 6 up-and-coming financial advisers at Morgan Stanley, Wells Fargo, and Merrill Lynch who are managing hundreds of millions and navigating a cutthroat industry
Similarities emerged among our rising stars, whose practices are all based in different states. Man…
Rebecca Ungarino
6 mins read
Merrill Lynch hiked starting salaries for trainee advisers by $10,000 and is taking on 1,700 newbies so far this year. We have the details.
Wealth management overall drew roughly 20,000 new trainees in 2018, according to research firm Ceru…
Rebecca Ungarino
4 mins read
Merrill Lynch is about to launch a new training program for 6,500 client associates - and it shows how the role of full-fledged financial adviser is quickly changing
Cerulli also found that wealth managers are broadly ill-equipped to train up new advisers. Merrill …
Rebecca Ungarino
2 mins read
$5 billion hedge fund LMR Partners poached Bank of America Merrill Lynch's top equity derivatives boss in the US
Hillegass may have crossed paths with Levine and Renold at UBS, where he started his career in 2003…
Alex Morrell
3 mins read
Merrill Lynch just created a new role to oversee its 100-plus markets for US financial advisers and address a 'substantial difference' in performance around the country
"We created a several-day program to help enhance the skills of market executives. We followed that…
Rebecca Ungarino
2 mins read
Vodafone, Airtel & Idea have enough 4G airwaves to counter Jio but the spectrum cost remains unrealistically high
Idea acquired 349.20 MHz of spectrum for Rs 12,798 crore in 1800 MHz, 2100 MHz, 2300 MHz and 2500 M…
1 min read
Guggenheim has lured a senior healthcare banker away from Bank of America Merrill Lynch
In a year that has seen record deal activity - there's been more than $1.5 trillion worth of merger…
Alex Morrell
3 mins read
The head of Merrill Lynch says the massive wealth manager has no interest in buying a robo-adviser - knocking out one big possible route for digital wealth startups
Within that base, the number of clients using the MyMerrill app - separate from its self-directed o…
Rebecca Ungarino
3 mins read
$2.2 trillion wealth manager Merrill Lynch is pausing new hires for a 3,000-plus person financial adviser training program that's its main talent pipeline
On Wednesday, Merrill reported $2.2 trillion in client assets, a 7% drop from a year earlier, which…
Rebecca Ungarino
2 mins read
Airtel sparks the most epic tariff war ever, see what Jio is planning
Indian telecom operators have taken the tariff war to a whole new level, and now they are looking t…
6 mins read
Wealth management in 2030, according to execs at firms like Merrill Lynch, Wells Fargo, and Betterment: AI-driven investments, concierge-like advisers, and holograms to reach more clients
"With the proliferation of artificial intelligence and cloud computing, many investment management …