Merrill seen suffering $15 billion investment loss: report
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Merrill Lynch  is expected to  suffer $15 billion in losses stemming from soured mortgage  investments, almost twice the company's original estimate, the  New York Times reported on Friday.
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Merrill Lynch & Co Inc  faces a $1.5 billion third-quarter loss on its fixed-income business, driven by $4 billion in asset write-downs connected to leveraged loans and mortgages, a Goldman Sachs analyst said on Wednesday.
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Merrill Lynch & Co. MER.N on Tuesday  said third-quarter profit fell 8 percent, hurt by reduced  investment banking and trading.
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Brokerage Merrill Lynch announces its first quarterly loss in six years, as it is hit by exposure to the sub-prime market.
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International investors may buy as much as $15 billion in bad loans in China in the next three years, said PricewaterhouseCoopers LLP, the world&#39;s third-biggest accounting firm.
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Merrill Lynch also took a write-down of more than $14 billion as subprime mortgage woes took another bite out of its balance sheet.
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Merrill Lynch & Co Inc on Thursday said it took a $14.1 billion write-down in the fourth quarter on bad subprime mortgage bets plus other charges that have forced the brokerage to sell pieces of the company to foreign investors to raise capital.
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LONDON : A former top executive at Merrill Lynch on Wednesday lost a sexual discrimination suit against the global investment bank, in which she had sought more than seven million pounds (13.4 million dollars, 10 million euros) in damages before a British
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US investment bank Merrill Lynch &amp; Co. (MER.N: Quote, Profile, Research) on Tuesday said third-quarter profit fell 8 percent, hurt by reduced trading in
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Stocks dropped sharply on Wednesday as a steep quarterly loss at Merrill Lynch & Co. Inc.  and executives' warnings about possible future problems suggested the worst of the credit crisis may not be over.
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Merrill Lynch & Co Inc  said on  Wednesday top executives did not receive bonuses for 2007 after  the world's largest brokerage posted $12.1 billion in net  losses during the second half of the year.
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Merrill Lynch is expected to report that it will add to its announced write-downs, a person briefed on the plan said.
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S&P 500 and Dow industrials futures  declined on Thursday as Merrill Lynch & Co Inc  reported  a larger-than-expected fourth-quarter loss because of subprime  mortgage-related problems.
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Merrill Lynch & Co Inc  on  Wednesday reported $7.9 billion in write-downs for the  third-quarter -- triggering its first loss in six years -- as  the company was burned by lax risk management and bad bets on  mortgages and leveraged loans for corporate takeovers.
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Morgan Stanley  on Wednesday said it has suffered a $3.7 billion loss stemming from its U.S. subprime mortgage exposure, which it expects will reduce fourth-quarter earnings by about $2.5 billion.
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Merrill Lynch & Co Inc. , expected to report billions of dollars on mortgage losses, said on Monday it plans to sell most of its Chicago-based capital lending business to General Electric Co's  commercial finance arm.
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Profit at Merrill Lynch & Co. Inc.  could take a big hit if the U.S. brokerage heavyweight cuts the value on nearly $1 billion in subprime lender assets it bought just eight months ago.