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In 2014, Stolz published the book Unfriending My Ex, addressing how social media has shaped her generation. [16] Stolz was appointed managing director at Bank of America Merrill Lynch, Head of Americas Prime Brokerage Sales, in 2018. [2]
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The Fidelity Magellan Fund (Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. [1] It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990. [2]
U.S. Trust was acquired in May 2000 for $2.7 billion in stock, making it a wholly owned subsidiary of Charles Schwab & Co. David Pottruck, CEO of Charles Schwab at the time, pursued the acquisition to broaden the firm's wealth management platform and stop client outflow to bigger wealth management firms like Merrill Lynch and Morgan Stanley.
[8] [9] Merrill Lynch and Citigroup sought new leaders following the sudden departure of their former CEOs after the disappointing performance in the third quarter of 2007 due to the subprime mortgage crisis. [10] [11] Nelson Chai, the CFO of the New York Stock Exchange under Thain, followed his mentor to Merrill Lynch and assumed the same role ...
Investment banks Merrill Lynch and Morgan Stanley had also obtained additional capital from sovereign wealth funds in Asia and the Middle East during late 2007. [303] The major investment banks had also increased their own borrowing and investing as the bubble expanded, taking on additional risk in the search for profit.