Tags » Merrill Lynch

Richard Branson's Bank to List on London Stock Exchange to Tune of £2bn

Virgin Money is poised for floatation as early as October

Virgin Money, the banking arm of Sir Richard Branson’s Virgin Group, could be floated on the London Stock Exchange as early as October. 399 more words

Trade

Bank Of America Settlement To Funnel $1B To Floridians

MIAMI (CBSMiami/NSF) — A massive settlement announced Thursday between Bank of America and the U.S. Department of Justice will provide about $1 billion in assistance to thousands of Floridians, state Attorney General Pam Bondi said. 172 more words

News

Existing Home sales jump | Weekly Jobless Claims decline | Huge fine for big bank

Thursday – August 21

Sales of previously owned homes rose in July from April, signaling that the housing recovery that stalled at the end of 2013 may be back underway. 191 more words

National Association Of Realtors

Bank Mergers are Bound to Change

Bank of America has to pay a record settlement of $17 BILLION dollars due to bad mortgage lending during the financial crisis. This is the same amount as the bank’s profit during the last 3 years, not to mention Bank of America has spent roughly $60 billion navigating all legal issues.  228 more words

Politics And Economics

BofA Boffo Payout; Nyet to Big Macs; and HP's Big Little Surprise

Would you like that in small bills?

Bank of America just set a new record but they probably wont be bragging about this particular accomplishment. The bank officially (as of tomorrow, anyways) holds the dubious distinction of having to pay the largest settlement ever to settle a number of allegations brought by Federal and state authorities over its sales of mortgage-backed securities leading up to the 2008 financial crisis. 418 more words

Merrill Streamlines Their Platform To Deliver UMH for Clients

Last week, I was contacted by a reporter from FundFire looking for my comments on a new feature that Merrill Lynch has implemented as part of their $100 million platform consolidation project.  953 more words

Managed Accounts