This is so obvious as to be trite, but it's relevant: Merrill Lynch has been sold to Bank of America as a result of the financial industry crisis. Bank of America acquired Merrill not in a traditional M&A pursuit but as a cut-rate sale of a distressed entity. Merrill Lynch operates America's largest retail brokerage
banking: September 2008 Archives
Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page is a archive of entries in the banking category from September 2008.
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