• Tue
  • Jul 22, 2014
  • Updated: 5:55pm

Bank of America Merrill Lynch

Bank of America Corp is one of the United States’ largest bank holding companies by assets. Its acquisition in 2008 of Merrill Lynch made Bank of America the world's largest wealth management corporation and a major player in the investment banking market.


Hong Kong employees at Asian banks expecting strong bonus season

Many Hong Kong-based employees of Asian financial companies, including mainland banks and securities firms that have expanded their offshore business in the city in recent years, may enjoy a better bonus season this year than their peers at Western banks.

Wednesday, 8 January, 2014, 9:43am

US lender pushes China expansion

Bank of America's decision to sell its remaining shares in China's second-largest bank does not appear to have damaged the United States bank's plans to expand its own business on the mainland.

9 Sep 2013 - 3:44am

Brokerage giant settles discrimination lawsuit

Lawyers for hundreds of black financial advisers have reached a US$160 million settlement in a lawsuit accusing Wall Street brokerage giant Merrill Lynch of racial discrimination, a plaintiffs’ attorney said Wednesday.

29 Aug 2013 - 9:56am

EU charges banks with blocking exchanges from derivatives market

EU watchdogs have charged 13 top investment banks with blocking exchanges’ access to the lucrative credit derivatives market, hitting the sector with the latest in a growing list of regulatory headaches.

2 Jul 2013 - 1:01pm

Star BofA Merrill Lynch analyst sacked after Hong Kong IPO is pulled

Tong Shaojing told the South China Morning Post he was fired from his job within days of a proposed Hong Kong listing of shares in the mainland-based Triplex Biosciences being put on hold.

14 Jun 2013 - 10:25am 2 comments

Julius Bär eyes Asian clients after Bank of America Merrill Lynch acquisition

Julius Bär expects to report a loss this year in the wake of the deal in August last year. Positive returns would start to kick in next year, as the integration of the businesses picks up steam, chief executive Boris Collardi said.

31 May 2013 - 4:41am

Ship operators want fair play on Fair Winds by year-end

It is cheering to see the level of activity under way in Hong Kong on environmental matters these days. Scarcely a day goes by without some new initiative or meeting.

26 Jan 2013 - 5:08am

Bank staff find it is a jungle out there

Golfers at Bank of America Merrill Lynch played a tough game last Friday as they navigated through the desert sand and watering holes guarded by buffalo, giraffes, hippos and a Christmas turkey.

21 Dec 2012 - 3:55am

Operation Santa Claus: bankers club together for charity

Over the windswept hills of Clear Water Bay, the sun finally broke through the clouds after days of rain. The golfers were unsure what they day might bring, but it turned out well for the crowd at the Bank of America Merrill Lynch (BAML) charity golf day.

15 Dec 2012 - 3:48am

Merrill Lynch bankers seek new posts

Private bankers at Bank of America Merrill Lynch are scrambling for jobs in Hong Kong and Singapore ahead of the expected merger of the US bank's wealth-management business with Switzerland's Julius Baer.

29 Oct 2012 - 5:08am