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New York Sues Bank of America and Merrill Over Merger

(New York Times) — New York State is suing Bank of America and its Merrill Lynch unit over the companies’ merger and Merrill’s subprime mortgage issues. The New York State comptroller,Thomas P....

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Judge Tosses Merrill Lynch Discrimination Suit

(Investment News) — U.S. District Judge Robert Gettleman dismissed a bias lawsuit brought by African-American financial advisers challenging a broker retention bonus program at Bank of America Merrill...

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Rich Have Gotten Even Richer During Sluggish Economic Recovery

By Alexis Garrett Stodghill A new report shows that the world’s richest people are richer now than they were before the 2008 recession hit. The study, which is released yearly by Merrill Lynch and...

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Merrill Lynch Reaches $160 Million Agreement With Black Financial Advisors

This will be the largest race discrimination settlement ever for an American company.The post Merrill Lynch Reaches $160 Million Agreement With Black Financial Advisors appeared first on MadameNoire.

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