Merrill Lynch ousts CEO O'Neal
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Merrill Lynch & Co Inc  ousted Chairman and Chief Executive Stan O'Neal on Tuesday, just days after reporting the biggest quarterly loss in the company's history, making him the highest-ranking casualty in the U.S. subprime mortgage crisis.
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NEW YORK - Merrill Lynch &amp; Co. chief executive Stan O'Neal has decided to leave the company, The Wall Street Journal reported, citing an unidentified person familiar with the matter.
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PeopleSoft's board ousted Craig Conway as CEO after he made a misleading statement about the company's ability to recruit customers while fending off Oracle's &#36;7.7 billion hostile takeover bid, a PeopleSoft board member testified in court Monday.
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An in-house Merrill Lynch &amp; Co. lawyer didn&#39;t support the brokerage&#39;s harried $7 million investment in Enron Corp.-owned barges at the end of 1999 and would have blocked it had she known of an alleged verbal
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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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As Merrill Lynch & Co Inc's   board deliberates the fate of Chairman and Chief Executive Stan  O'Neal, a leading contender for the job on Sunday said he is  not aware of being a candidate.
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PeopleSoft Inc. , which is trying to fight off a hostile takeover by rival Oracle Corp. , on Friday said its board had ousted President and Chief Executive Craig Conway due to "a loss of confidence" in his ability to lead the software company.
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Merrill named Alberto Cribiore interim nonexecutive chairman. Mr. Cribiore, on the Merrill board since 2003, will chair the committee to find a replacement for Mr. OâNeal.
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Having lost the confidence of his board, E. Stanley OâNeal is expected to resign as early as Monday as chairman and chief executive of Merrill Lynch.
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Merrill Lynch & Co Inc on Thursday posted a quarterly loss of nearly $10 billion after writedowns and adjustments totaling about $16 billion as bad subprime mortgage bets forced the brokerage to sell stakes in the company to foreign investors to raise capital.
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Merrill Lynch & Co Inc on Thursday said it took a $14.1 billion writedown and adjustments in the fourth quarter as bad subprime mortgage bets forced the brokerage to sell pieces of the company to foreign investors to raise capital.
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NEW YORK - Merrill Lynch &amp; Co. yesterday took a $7.9 billion writedown because of the summer's credit crisis, a bigger-than-expected amount that raised the specter of more trouble ahead from risky home loans.
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Merrill Lynchâs directors may be weighing E. Stanley OâNealâs future, but one thing is already guaranteed: at least a $159 million payday if he steps down.
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Business & money: Investment bank finally confirms that chairman and chief executive Stan O'Neal has stepped down.
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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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Business & money: The departure of Merrill Lynch's chief executive, Stan O'Neal, has become a near certainty.
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December 23, 2004 -- LONDON - A UK court dismissed a sex discrimination claim against Merrill Lynch brought by a former high-flying executive, who was suing the US investment bank for 7.5 million pounds ($14.61 million).