The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: Merrill Lynch

IT’S MONDAY: The Fed purchase program is quite a workout for the Market

Fisher seems to have kicked things off immediately with his comments positing that slowing down the $85B monthly bond purchase program could do US some good, Then Chicago Fed reported … Continue reading

May 20, 2013

Bank Results Season: BofA turns in an all round excellence score

Net profits of $2.6 B on just $1.7 B in Loan losses before taxes led the most heavily capitalised bank in the orld to further improve its net Basel 3 … Continue reading

April 17, 2013

Bank Results Season: Bank of America ties up for another nought (EPS =NULL, “0.00”, ‘Zukk’)

BofA printed another scratchy topline down to the wire repeating Q2 2010 all over again when Non Interest expenses of $17.5 B and a Tax expense of $1B almost completely … Continue reading

October 17, 2012

US Morning report: The new Baers, a 20% slimmer Hellomoto and nothing new in Japan or Europe

Julius Baer completed its global ambitions in a single swipe giving BofA the out it probably did not deserve or should not have depending on which part of the merged … Continue reading

August 13, 2012

Sallie Krawcheck is still batting for the banks being too complex.. | Banking Insight

Sallie Krawcheck erstwhile Merill Lynch and thence Bank of America CEO candidate makes an example of the JP Morgan management team, ” ..these are not the bozos over here, who … Continue reading

June 12, 2012

Bank of America lets go of another Non US business | Deal Insight – Banking Insight

After $50 bln of asset sales thru 2009-2011 the bank was unable to satisfy the Treasury of its dividend plans and barely made the stress test parameters in Q1 as … Continue reading

May 17, 2012

BofA $8.5 BLN settlement still subject to query from Eric Schneiderman | Legal insight

The New York Attorney General, emboldened by his $25 bln settlement with BofA and Ally Financial among others in 49 states that was validated by courts, continued questioning the pennies … Continue reading

April 11, 2012

How about BofA hitting the upper circuit! That’s $10 per share | Banking Insight

Did you think that would make news! Bank of America continued in the stratosphere of best performing stocks for the 12 th week running this Monday as it climbed the … Continue reading

March 19, 2012

JP Morgan’s Brokerage teaches Wall Street marketing Strategy to sell a Ferrari/Lamborghini exclusive

A brokerage business with 400 advisors going to 650, with Advisors of Merrill Lynch, Morga Stanley and UBS ‘lineage” working for the new business, leaning on the World’s largest bank … Continue reading

March 7, 2012 · 1 Comment

So you think Berkowitz lost his touch? | Fund insight

Paulson recovered 5% though on his funds in 2012 even as Berowitz started coming back from the 58% loss on Bank of America in 2011. AIG and Sears Holdings are … Continue reading

February 14, 2012 · 8 Comments