Merrill Lynch CEO will leave, according to paper
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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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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 plan said.
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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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Commerce Bancorp announced Friday that its chairman and chief executive, Vernon W. Hill II, would leave and that it had settled two federal regulatory inquires involving him.
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Citigroup Inc  Chief Executive  Charles Prince plans to resign this weekend, the Wall Street  Journal said, as the widening subprime mortgage crisis deals a  final blow to a reign long under attack.
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Bruce Wasserstein, the combative chief executive of investment bank Lazard, is expected to agree this week that he will quit the group unless he can pull off a successful
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Merrill Lynch & Co.'s  Chief Executive Stan O'Neal broached the idea of merging with Wachovia Corp.  without first getting board approval, angering some members so much that they considered replacements for O'Neal, the New York Times reported on Friday.
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Merrill Lynch & Co  plans to  announce about 1,600 layoffs after disclosing fourth-quarter  write-downs, CNBC reported on Thursday.
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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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The board of Merrill Lynch announced that E. Stanley OâNeal would retire immediately and Alberto Cribiore would serve as nonexecutive chairman.
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CEO is set to be replaced by firm's president, Alan Schwartz, according to news reports.
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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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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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Merrill Lynch & Co Inc  Chief  Executive John Thain on Wednesday expressed confidence in the  company's core set of businesses, but analysts continue to  worry that more large write-downs are looming.
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Merrill Lynch & Co.'s  Chief  Executive Stan O'Neal broached the idea of merging with  Wachovia Corp.  without first getting board approval,  angering some members so much that they considered replacements  for O'Neal, the New York Times reported on Friday.
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The CEO's resignation likely means more trouble ahead.