Bank of America Merrill Lynch

149 results about this entity

Period: 09 Oct 2007 - 05 Oct 2022

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BofA wins cybersquatting judgement

BofA wins cybersquatting judgement

Bank of America has won a court judgement against a cyber-squatter who snapped up the domain names "bofaml.com" and "mlbofa.com" in 2008 in a bid to cash in on the bank's merger with Merrill Lynch.

Merrill Lynch launches Japanese DMA trading platform

Merrill Lynch launches Japanese DMA trading platform

Merrill Lynch Japan Securities (MLJS) has unveiled the country's first third-party co-located service for low-latency electronic trading and direct market access to multiple execution venues.

CME to launch CDS clearing house with support of eight major dealers

CME to launch CDS clearing house with support of eight major dealers

After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.

John Thain: Merrill's structured products were so complex that nobody understood them

John Thain: Merrill's structured products were so complex that nobody understood them

Former Merrill Lynch chief John Thain says that the structured products created by his firm were so complex that it could take up to three hours to model one traunch of a single CDO correctly when using "one of the fastest computers in the United States".

Nyse Euronext to sell options mart stake to dealer consortium

Nyse Euronext to sell options mart stake to dealer consortium

Nyse Euronext has agreed to sell a "significant" equity stake in one of the company's two US options exchanges to a consortium of market makers, including BofA Merrill Lynch, Barclays Capital, Citadel Securities, Citi, Goldman Sachs, TD Ameritrade and UBS

ELX Futures offers free trades during July

ELX Futures offers free trades during July

ELX Futures, which is set to launch tomorrow, says it will not charge for trades in July as it looks to strike an early blow in the battle to take market share from the dominant CME Group.

Merrill to shift outsourcing contracts from Satyam to Tata - Economic Times

Merrill to shift outsourcing contracts from Satyam to Tata - Economic Times

Merrill Lynch is shifting a majority of its contracts from troubled Indian software firm Satyam Computer Services to rival Tata Consultancy Services, the Economic Times reports, citing "software industry sources familiar with the matter".

Back-office Merrill workers file overtime suit

Back-office Merrill workers file overtime suit

Merrill Lynch, and its new owner Bank of America, are being sued by two back-office derivatives employees who claim they have not been paid overtime owed under the federal Fair Labor Standards Act.

Bank of America previews massive job cuts; Santander to cut 1900 in UK

Bank of America previews massive job cuts; Santander to cut 1900 in UK

Bank of America has confirmed plans to axe up to 35,000 jobs over the next three years, as it moves to eliminate redundancies from its pending merger with Merrill Lynch and respond to the weak economic environment.

FTEN plans global expansion as brokers take minority stake

FTEN plans global expansion as brokers take minority stake

Merrill Lynch, Goldman Sachs, JPMorgan and Credit Suisse have taken a minority equity interest in ASP-based risk management and compliance outfit FTEN as the company looks to expand beyond the US.

Merrill/BoA to cut 'thousands' of IT and operations jobs

Merrill/BoA to cut 'thousands' of IT and operations jobs

Merrill Lynch CEO John Thain says he expects to see thousands of job cuts in IT, finance, and administration as the company looks for $7 billion in savings from its merger with Bank of America.

Merrill Lynch implements IBM iDataPlex 'cloud' servers

Merrill Lynch implements IBM iDataPlex 'cloud' servers

Merrill Lynch is installing IBM's iDataPlex 'cloud' servers to help reduce energy costs and power consumption at its data centre.

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