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Last year was great for underwriters of bank equities and debt. Dollar volume and the number of issues tripled from the skeleton-like levels of 1990. What a difference a year [...]

Rock, Fire and Sand Stan O'Neil badly miscalculated the US sub-prime mortgage market. He was responsible for Merrill Lynch's worst quarterly result in its 93-year history. The US bank made [...]

Tribune Co., publisher of leading metro newspapers such as The Chicago Tribune, The Baltimore Sun, The Hartford Courant and The Los Angeles Times, filed for bankruptcy protection in a Delaware [...]

Byline: Frances A. McMorris Whether you call it the Crash of 2008, a market panic, or a meltdown, the fast-moving events of the last several weeks have been hard to [...]

Byline: damian wild it's hard to be positive Within hours of Lehman Brothers filing for bankruptcy protection on Monday, there were few industries and territories not feeling the consequences. And [...]

Lehman Brothers today filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York. The firmEs petition and accompanying affidavit can now be [...]

Sovereign wealth funds, financed by an explosive growth of capital coming from budget and foreign trade surpluses, have amassed trillions of dollars in portfolio assets in recent years. Their portfolios [...]

Just when it looked as if the credit retraction would stall the progress of several pending mega-deal buyouts being arranged by many of Wall Street's biggest banking houses, possibly for [...]

IRVINE, CA -- Subprime lender People's Choice Financial Corp. here - which had hoped to go public one day - filed for bankruptcy protection early last week, leaving behind as [...]

LOS ANGELES -- After closing its doors almost a month ago, subprime lender Ownit Mortgage Solutions filed for bankruptcy protection in late December, saying it did not have enough cash [...]

BREA, CA -- Subprime wholesaler ResMAE Mortgage here filed for bankruptcy protection early last week, leaving behind a long trail of Wall Street creditors including Merrill Lynch, which had a [...]

MIDDLETOWN, CT -- The ailing Mortgage Lenders Network here - once a top 15 ranked subprime lender - filed for Chapter 11 bankruptcy protection last week, owing unsecured creditors $92 [...]

Byline: Thao Hua Some of the world's largest pension funds are calming investment volatility with water. With stable cash flows that often shadow inflationary movements, water companies are attracting a [...]

WASHINGTON -- A handful of secondary market traders and investors believe that over the past three years some multifamily owners have been engaging in 'contrived defaults' in order to refinance [...]

GLEN ALLEN, VA -- A Saxon Capital Inc. affiliate has securitized conforming and nonconforming mortgages through a related offering by Saxon Asset Securities Trust 2006-2 of $984.5 million of real [...]

The cost of doing business in the lagging retail market may force Merrill Lynch, the U.K.'s largest market-marker, to impose a fee of GBP7 ($11) for each trade that private [...]

Warren Buffett and Alan Greenspan may think it's a good idea, but expensing the cost of options granted to employees would cost some investment banks a bundle. Merrill Lynch & [...]

Warren Buffett's Berkshire Hathaway Inc., as well as Wall Street giant Merrill Lynch & Co., booked some of corporate America's lowest expected rates of return on pension assets in 2001. [...]

While multiple book managers may be the name of the game in equity underwriting, last year Citigroup/Salomon Smith Barney and UBS Warburg made the most headway in deals that are [...]

The medium-term note market, like many of its sister debt sectors, strongly benefited from the resurgence of debt last year, although not quite matching its record-smashing performances of the late [...]

A1 Global Debt & Equity * Despite no gain in proceeds for the third quarter 2001, the global debt, equity and equity-related markets were able to post an overall 15% [...]

Monday, Sept. 10, was yet another solid day for the record-smashing investment-grade corporate bond market and, as the afternoon ebbed, American Airlines Inc. and its lead underwriters, Morgan Stanley and [...]

While the number of equity offerings hitting the market in the second quarter jumped 50% from the previous three months, to 225, competition for the deals' underwriting intensified between traditional [...]

So far in 2001, the healthcare services sector has replaced biotech as the darling of Wall Street's healthcare bankers. That hardly means that the days of biotech are numbered-after all, [...]

After a streak of record volume increases, the medium-term note market broke its stride last year as players noted a growing sense of maturity and less excitement in the market. [...]

Riding on the momentum of recently enacted banking reform legislation, Merrill Lynch-the perennial competitor of bank reps-is preparing to launch an FDIC-insured product providing a significantly higher return than most [...]

New York-Mutual funds chiefly invested in adjustable-rate mortgage securities topped the rankings among mortgage mutual funds for the third quarter, generating an average cumulative total return of 0.95%, according to [...]

New York--Salomon Smith Barney ended Lehman Brothers' five-quarter reign as top mortgage-backed debt underwriter in the third quarter, according to Securities Data Co. SSB, which still ranks second to Lehman [...]

NEW YORK -- Merrill Lynch's asset management business reported a 4.4% increase in management and portfolio service fees during the second quarter, according to the company's report for the quarter [...]

It was a good news-bad news week for Merrill Lynch & Co. Inc. First the good: A record second quarter, with $673 million in net profit, up 22.5% from 1998's [...]

So far, 1999 has been a series of promises deferred in the junk bond market, which has yet to recover from the disruptions that hit the sector ten months ago. [...]

Irked by Wall Street's behavior last fall, high-yield investors are calling the shots now Wall Street was stunned by the attitude of investors when the junk bond offering for a [...]

Credit Suisse, JP Morgan, Merrill Lynch and Rothschild advised Altadis in relation to its defence and recommended offer of 50 € per share from Imperial Tobacco, valuing the entire issued [...]

NEW YORK-BASED MERRILL LYNCH RAISED its first-quarter 2003 earnings per share (EPS) estimate from S 1.98 to $2.05 for Countrywide Financial Corporation, Calabasas, California, to better reflect the continued strength [...]