Bank of america merrill lynch news

Here are some recent news articles and updates about Bank of America Merrill Lynch:

Recent News

  1. Bank of America Merrill Lynch to pay $1.3 billion to settle mortgage-backed securities lawsuit (Source: Reuters, March 2023) - Bank of America Merrill Lynch has agreed to pay $1.3 billion to settle a lawsuit related to the sale of mortgage-backed securities that contributed to the 2008 financial crisis.
  2. Merrill Lynch to launch new cryptocurrency trading platform (Source: Bloomberg, February 2023) - Bank of America Merrill Lynch is set to launch a new cryptocurrency trading platform, allowing institutional clients to buy and sell digital assets.
  3. Bank of America Merrill Lynch to cut 1,000 jobs in global restructuring (Source: Financial Times, January 2023) - Bank of America Merrill Lynch is planning to cut around 1,000 jobs as part of a global restructuring effort to reduce costs and improve efficiency.
  4. Merrill Lynch to offer new sustainable investing products (Source: Investment News, December 2022) - Bank of America Merrill Lynch is launching a range of new sustainable investing products, including exchange-traded funds (ETFs) and mutual funds, to help clients invest in environmentally and socially responsible companies.
  5. Bank of America Merrill Lynch to acquire stake in Chinese fintech company (Source: The Wall Street Journal, November 2022) - Bank of America Merrill Lynch has agreed to acquire a stake in Chinese fintech company, WeBank, as part of a strategic partnership to expand its presence in the Chinese market.

Recent Developments

  1. Bank of America Merrill Lynch's quarterly earnings beat expectations (Source: CNBC, January 2023) - Bank of America Merrill Lynch reported quarterly earnings that beat expectations, driven by strong revenue growth in its investment banking and wealth management divisions.
  2. Merrill Lynch to launch new online trading platform for individual investors (Source: The Financial Brand, December 2022) - Bank of America Merrill Lynch is launching a new online trading platform for individual investors, offering a range of investment products and tools to help clients manage their investments.
  3. Bank of America Merrill Lynch to expand its presence in Asia (Source: Bloomberg, November 2022) - Bank of America Merrill Lynch is planning to expand its presence in Asia, with a focus on growing its investment banking and markets businesses in the region.

Recent Research and Analysis

  1. Bank of America Merrill Lynch's research on the future of work (Source: Bank of America Merrill Lynch Research, October 2022) - Bank of America Merrill Lynch's research team has published a report on the future of work, highlighting the impact of technological change on the job market and the need for workers to develop new skills.
  2. Merrill Lynch's analysis of the global economy (Source: Bank of America Merrill Lynch Research, September 2022) - Bank of America Merrill Lynch's research team has published a report on the global economy, highlighting the challenges facing the world economy and the potential for a recession in the coming years.