Merrill Lynch

Yahoo faces up to life after Jerry

After a turnaround plan that never got off the ground, falling profits and a disastrous reaction to his rejection of Microsoft's advances, Yahoo chief executive and founder Jerry Yang has fallen on his sword after 18 months at...

TwoFour adds Kevin McGowan to Americas sales team

TwoFour, a high volume, multi-asset solutions provider to buy and sell side financial firms, announced today that Kevin McGowan joined the firm as a key member of its America's sales team. Mr. McGowan will share his time...

BofA CEO: There are '1 too many' Detroit 3 members

DETROIT -- The chief executive of a major U.S. bank that received $25 billion from the government's financial bailout package said Tuesday that federal aid shouldn't be dispensed to the ailing Detroit Three automakers _ unless...

Firm accused of fraud

William Galvin slams Oppenheimer & Co. By Jay Fitzgerald Wednesday, November 19, 2008 - Updated 32m ago Massachusetts Secretary of State William Galvin charged Oppenheimer & Co. with fraud and unethical conduct for allegedly...

U.S. Govt. buys $159-b worth bank shares in two rounds

NEW YORK: The U.S. government, under its $700-billion bailout plan, has purchased shares in 30 American banks for a total of over $150 billion, half of which have gone into Citigroup, JPMorgan Chase and Wells Fargo. According...

Singapore Hot Stocks-Noble slides on commodity price falls

SINGAPORE, Nov 19 (Reuters) - Shares of Noble Group fell as much as 12 percent on Wednesday, as concerns about slowing commodities demand offset a gain from the sale of its stake in an Australian iron ore producer. A local...

UPDATE 1-UBS adds six execs to Asia wealth management arm

HONG KONG, Nov 19 (Reuters) - UBS AG said on Wednesday it has hired six executives for its Asian wealth management arm, as it looks to retain its lead position in the region even as the global financial crisis slams the...

At Harvard, it's business as usual

Harvard business graduates have played central roles in the financial crisis. But don't look here for regrets GORDON PITTS From Wednesday's Globe and Mail BOSTON — The red-brick Baker Library at Harvard Business School is a...

Dell: More Estimate Cuts Ahead Of Earnings Thursday [Voices]

Numbers aren't really working out that well for Dell. One of Its rivals scored points today with impressive preliminary results, but--of more significance--there are ominous sounds coming from Intel's direction regarding the...

Government is seeking foreign cash injections for Irish banks

The Government is seeking foreign cash injections for Irish banks as Anglo Irish Bank joined Bank of Ireland in closing below €1 per share on Tuesday, while the overall Dublin market fell to a 12-year low.

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