Bank of America Merrill Lynch (BAML)
Bank of America plans to lay off between 30,000 and 35,000 employees over the next three years. The bank blamed the cuts on the weak economic environment and its impending merger with Merrill Lynch.
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Losses and Lawsuits
Merrill Lynch has listed a 10-year Gulf Co-operation Council (GCC) hedge basket inverse tracker certificate on DIFX TraX, the structured products platform of the Dubai International Financial Exchange....
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