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6 mins read
Mike Lynch just won a dramatic 12-year legal battle over his tech company. Weeks later, he and his top lawyer drowned in a superyacht while celebrating.
The man hailed as Britain's Bill Gates was accused of fraud, leading to a messy intercontinental co…
Jacob Shamsian
2 mins read
Demand for tablets drops as online schooling ends
The rapid fall in consumer and education demand has accelerated the decline in tablet shipments as …
20 mins read
The full story of how the Ahmaud Arbery 'lynching' became a national flashpoint for justice
Arbery, a black man, was out jogging in Georgia, in February when he was shot dead. Three white men…
Rhea Mahbubani
1 min read
Bank of America Merrill Lynch beats Wall Street forecasts with record second-quarter earnings
"Our commitment to responsible growth resulted in the best quarter and first-half year of earnings …
Theron Mohamed
2 mins read
A top credit salesman at Bank of America Merrill Lynch has left after nearly 15 years
Brian Kirkwood, a managing director in investment-grade credit sales, resigned Monday, according to…
Alex Morrell
2 mins read
Bank of America is dropping the storied Merrill Lynch name from some of its businesses, and it signals the end of an era
The bank is expected to announce on Monday that it will drop off the name Merrill Lynch from some o…
Madeline Shi
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
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
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
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
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 …
Rebecca Ungarino
3 mins read
Merrill Lynch Is Bleeding Top Talent
Two of the sources familiar with the matter added that many of the brokers who departed had spent t…
Reuters,Linette Lopez
3 mins read
The Real Reason Why High-Powered Brokers Are Leaving Merrill Lynch
Part of the problem is Bank of America CEO Brian Moynihan, who was an executive at Fleet Boston fro…
Linette Lopez
1 min read
Last Month, Goldman Sachs Quietly Retired A Legendary Investment Strategy
"Since inception in January 2004, our GARP screen outperformed the S&P 500 (89.8% vs. 79.9%), a…
Matthew Boesler
2 mins read
BRIAN BELSKI: We Should Have The Necessary Ingredients To Keep This Bull Market Going Longer-Term
A new report from Cogent, cited by Kathy Lynch at FA Mag, finds that advisors have, on average, ove…
Mamta Badkar
1 min read
An NFL Commentator Turned An Epic Playoff Game Ending Into A Trainwreck
With 44 seconds remaining and the Seahawks trailing by six points, Billick actually hinged his enti…
Cork Gaines
3 mins read
Fast food chains are locked in a 'value war' for US customers
McDonald's, Starbucks, and others this week have highlighted a "value war" as customers push back o…
Dominick Reuter
2 mins read
A couple's baby was decapitated during childbirth after a doctor used excessive force, a lawsuit alleges
According to the lawsuit, the baby got stuck insider its mother during delivery, and the couple wer…
Kim Schewitz
1 min read
Paramount to remake Hitchcock's 'Vertigo,' Robert Downey Jr. eyes lead role
Paramount Pictures has acquired the rights to a remake of Alfred Hitchcock's 1958 classic psycholog…
ANI
2 mins read
Political leaders emphasize 'true justice' and accountability after three men charged in Ahmaud Arbery's death are found guilty
"This verdict upholds a sense of accountability, but not true justice," Georgia Sen. Raphael Warnoc…