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Merrill Lynch & Co., Inc., usually referred to as Merrill Lynch, is an investment banking company. As one of the world's leading financial management and advisory companies, it has one of the most recognizable names in the world of finance. The company was founded on January 6, 1914, when Charles E. Merrill & Co. opened for business at 7 Wall Street in New York City. A few months later, Merrill's friend, Edmund C. Lynch, joined him and in 1915 the name was officially changed to Merrill, Lynch & Co. In the 1920's the firm's New York office was at 120 Broadway, and it also had offices in Detroit, Chicago, Denver, and Los Angeles.Today, the multinational company operates in more than 40 countries around the world, managing client assets in excess of US$1.8 trillion.
A settlement reached with New York attorney general Eliot Spitzer imposed a $100 million fine as well as an agreement to sever all links between analysts' pay and investment banking revenueIn business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. To investors, revenue is less important than profit or income which is the amount of money the bu.
1 Management
CEO: E. Stanley O'Neal , 52, $25.34M
2 Subsidiaries
3 See also
- Corporate abuseA request has been made on Wikipedia for this article to be deleted. This request is being discussed to form a consensus whether the article meets Wikipedia standards. Please see this page's entry on the votes for deletion page for details. Also see possi
- World Wealth Report
4 External links
Banks of the United States
Corporate abuseA request has been made on Wikipedia for this article to be deleted. This request is being discussed to form a consensus whether the article meets Wikipedia standards. Please see this page's entry on the votes for deletion page for details. Also see possi
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