Merrill executive to leave firm
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Merrill Lynch co-president Ahmass Fakahany, one of people behind its  sub-prime investments, leaves the firm.
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NEW YORK -- Merrill Lynch &amp; Co. will proceed with a plan to sell about $800 million of bonds from a money-losing hedge fund run by Bear Stearns Cos. , a day after delaying a similar auction, people with knowledge of the offering said.
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Mohamed A. El-Erian unexpectedly announced that he is leaving to return to the Pacific Investment Management Company, where he had worked for seven years.
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Merrill Lynch & Co Inc's  board  is considering Blackrock Inc  Chief Executive Larry Fink  and NYSE Euronext  CEO John Thain as possible  replacements for embattled Merrill Chairman Stan O'Neal,  according to people familiar with the situation.
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AOL said yesterday that its chief financial officer, Stephen Swad, plans to leave the firm for a position at a private-equity firm.
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Former Merrill Lynch &amp; Co. executive Daniel Bayly, right, leaves the federal courthouse after being convicted of conspiracy and wire fraud on Wednesday in Houston.
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Speculation grows that US bank Merrill Lynch is to part company with embattled chief executive Stan O'Neal.
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Merrill Lynch sees shares climb more than 8%, on reports that it could soon have a new chief executive.
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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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By Sara Kehaulani Goo, Washington Post Staff Writer  AOL said yesterday that its chief financial officer, Stephen Swad, plans to leave the firm for a position at a private-equity firm.
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Merrill Lynch & Co Inc's  board is considering Blackrock Inc  Chief Executive Larry Fink and NYSE Euronext  CEO John Thain as possible replacements for embattled Merrill Chairman Stan O'Neal, according to people familiar with the situation.
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Merrill Lynch & Co Inc  has  rehired Jeffrey Kronthal, a fixed-income executive who left the  company last year, to help sort through its subprime mortgage  problems, the brokerage told employees on Monday.
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Merrill Lynchâs board of has begun to contact top Wall Street executives about replacing the embattled E. Stanley OâNeal.
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NEW YORK: Three senior Citigroup executives are leaving the company, after being found partially responsible for last monthâs forced closure of Citigroupâs private bank in Japan, a person familiar with the matter said.
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Once Wall Street stalwarts, the future of Merrill Lynch and Morgan Stanley are now being questioned - a sign of the broad changes in the financial landscape in recent years.
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Stanley Fink was stepping down at the British money manager and futures brokerage firm amid declining returns in the industry.
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The Merrill Lynch board reached a consensus that E. Stanley OâNeal will not stay chairman, people briefed on the discussions said.