Merrill Lynch

Merrill Lynch fined for lapses in responding to regulatory data requests

Merrill Lynch, Pierce, Fenner & Smith has been fined $300,000 by the U.S. Commodity Futures Trading Commission (CFTC) to settle…

Merrill Lynch reverses ban on commissions-based retirement accounts

Merrill Lynch, Bank of America’s brokerage unit, is set to lift its ban on commissions for brokers serving retirement accounts. The…

Merrill Lynch gets fined $8.9m over conflict of interest allegations

Merrill Lynch, Pierce, Fenner & Smith has agreed to pay a fine of $8.9m to resolve allegations by the US…

Merrill Lynch ditches Reuters; opts for FactSet market data

Merrill Lynch Wealth Management has chosen financial data and software company FactSet as its primary provider of market data, replacing…

Merrill Lynch upgrades mobile app with new features

Bank of America’s wealth management division Merrill Lynch has upgraded its mobile app to enable its users to manage their…

Merrill Lynch fined $15m over RMBS trade violations

Merrill Lynch, Pierce, Fenner & Smith, a subsidiary of Bank of America, has agreed to pay the Securities and Exchange…

Bank of America to relocate up to 125 staff to Ireland

Bank of America’s wealth management division Merrill Lynch has decided to relocate up to 125 employees to Ireland as a…

FCA fines Merrill Lynch £34.5m for reporting failures

The UK’s Financial Conduct Authority (FCA) has fined Merrill Lynch International (MLI) £34.5m for failing to report trading details in…