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BofA Securities, Inc., [1] previously Bank of America Merrill Lynch ( BAML ), is an American multinational investment banking division under the auspices of Bank of America. It is not to be confused with Merrill, the stock brokerage and trading platform subsidiary of Bank of America. It provides services in mergers and acquisitions, equity and ...
Analysts cited the Countrywide acquisition further exacerbated by the Merrill Lynch acquisition, large credit losses at the bank's core operations, and the investment banking industry where Lewis was a novice as reasons why he stepped down. Lewis' full pension benefits totaled $53 million.
Market Rules to Remember is a list of ten cautionary rules for investors that was written in 1998 by the then-retired Chief Market Analyst at Merrill Lynch, Bob Farrell. The rules became iconic on Wall Street and are frequently reprinted in leading financial advisory publications.
Stanley O'Neal. Earnest Stanley O'Neal (born October 7, 1951 [2]) is an American business executive who was formerly chairman and chief executive of Merrill Lynch having served in numerous senior management positions at the company prior to this appointment. O'Neal was criticized for his performance during his tenure as chief executive at ...
Products. Brokerage. E. A. Pierce & Co. was a securities brokerage firm based in New York City. Founded as A. A. Housman & Co., the firm was renamed for Edward A. Pierce in 1927. In 1930, following the stock market crash of 1929 E. A. Pierce acquired the brokerage business of Merrill Lynch. Ten years later, Merrill Lynch merged with E. A. Pierce.
William Schreyer. William Allen Schreyer (January 13, 1928 – January 22, 2011) was chairman emeritus and former CEO of Merrill Lynch & Co., where he worked for 45 years total, eight of them as chairman and CEO. He was also a noted philanthropist and served as former president of Pennsylvania State University 's Board of Trustees .
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