Merrill Lynch boss 'set to leave'
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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 & Co Inc Chairman and Chief Executive Stan O'Neal has told friends he expects to be ousted by the end of the weekend, CNBC television reported on Friday.
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Northern Rock PLC's chief executive will step down immediately rather than in February as planned, the troubled mortgage lender said Thursday.
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Merrill Lynch is expected to report today that it will add about $2.5 billion more to the $5 billion in write-downs it has already announced, a person briefed on the situation said.
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The chief White House spokesman today announced plans to leave his post on Sept. 14.
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Merrill Lynch parts company with its chief executive Stan O'Neal, saying the 56-year-old has retired.
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Wachovia Corp., the fourth-largest US bank, on Thursday said its capital management chief will retire from the company and be replaced by the head of the group in charge of its integration with recently acquired SouthTrust Corp.
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As many as 15 senior execs could lose their jobs in the next few days: source. BOSTON  - Putnam Investments is expected to lay off more employees, the chief executive of its parent company said Tuesday
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Merrill Lynch & Co Inc  co-President Ahmass Fakahany, a confidante of CEO Stan O'Neal and who had a hand in overseeing risk management at the company, is expected to resign, according to people familiar with the situation.
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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'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 Lynchâs board has begun to contact top Wall Street executives about replacing the embattled E. Stanley OâNeal.
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The board of Merrill Lynch has reached a broad consensus that E. Stanley OâNeal, the chairman and chief executive of the company, will not remain in his position, according to people briefed on the discussions.
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The Securities and Exchange Commission announced Thursday that a top staffer overseeing the &#36;7.6 trillion mutual-fund industry will step down for a private-sector position.
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CEO is set to be replaced by firm's president, Alan Schwartz, according to news reports.
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Mac Gardner, a senior brokerage executive at Merrill Lynch & Co Inc , is leaving the company, Merrill said on Friday.
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Black, who is facing battles with shareholders and investigations in the US and Canada, announced plans to quit his posts last week.