The megabanks have gotten bigger as behemoths like Bank of America swallowed up troubled firms like Merrill Lynch.
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Brokerage firms like Merrill Lynch and Morgan Stanley Smith Barney tweak their compensation plans for their financial advisors about once a year.
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In the early 1980s Wall Street firms like Merrill Lynch, Salomon Brothers, Goldman Sachs, and Morgan Stanley had begun to funnel their young new hires into training programs.
This is how with more than 90% of mortgages still paying on time, major companies like Merrill Lynch, Bear Stearns, AIG, and Lehman Brothers, found themselves suddenly bankrupt almost overnight.
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Thanasoulis-Cerrachio, who spent 25 years running college recruiting for Wall Street firms like Merrill Lynch and Citicorp, suggests that students include their school logo along with their name and contact information.
In fact, a lot of money is changing hands in this guerrilla trading room where smart freelancers are competing against giant over-the-counter marketmakers like Merrill Lynch, Goldman, Sachs, Morgan Stanley, Knight Securities.
Under Dodd-Frank reform there has been plenty of debate about whether all financial advisors including ones working at big wirehouse firms like Merrill Lynch, Morgan Stanley, Wells Fargo and UBS should operate under the fiduciary standard.
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That's when analysts like Merrill Lynch's Henry Blodget and Citigroup's Jack Grubman were found to have issued buy recommendations on tech stocks (which they had bashed in e-mails) at the behest of investment bankers looking to rake in fees.
There are tens of thousands of brokers working for brokerage firms like Merrill Lynch, Morgan Stanley ( MS), Citigroup ( C) and Raymond James ( RJF), and insurance company salespeople at firms like Met Life ( MET), John Hancock and Prudential ( PRU) that earn their living this way.
The earnings of firms that own big fund managers (like Schroders and Merrill Lynch) are valued more highly than those (like Salomon Brothers and Lehman Brothers) that do not.
There are currently around 35 primary dealers, mostly huge firms like Salomon, Merrill Lynch and Lehman Brothers.
Now though, the terms of those so-called retention bonuses are weakening and firms like Morgan Stanley, Merrill Lynch, UBS and Wells Fargo may be facing another round of broker departures.
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The cme Group is going up against its own customers--banks like Barclays, jpmorgan and Merrill Lynch, that is--by introducing over-the-counter derivatives, including interest-rate swaps.
The case could become a headache for financial firms like Bank of America's Merrill Lynch, which also got caught up in the scheme, according to court documents filed by the federal government.
Stocks like Morgan Stanley, Travelers and Merrill Lynch have been cut in half, thereby discounting all but the most dire scenario, which would be no earnings and a retreat to book value.
Now--after companies like Bank of America, Citigroup and Merrill Lynch have issued billions of dollars in write-downs because of their exposure to mortgage-related securities--investors took the president's proposal Thursday to mean much the same thing.
Brokerage firms like Goldman Sachs, Morgan Stanley, and Merrill Lynch land in this category too.
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Lloyds, HSBC, and Merrill Lynch have traditionally offered cards like these, along with rewards that are tailored to the tastes of their up-market clientele.
Read more about Virtus and how it became one of the most popular mutual fund families at big brokerages firms like Morgan Stanley, UBS and Bank of America Merrill Lynch.
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They will move from brokers such as Barclays, Citi and Bank of America Merrill Lynch to neutral agency-only brokers like FlexTrade and TradingScreen.
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As big trading firms Morgan Stanley and Merrill Lynch push into the market, boutique brokerages like Evolution must deal in complex custom trades, combining pollution credits with other derivatives in deals that help companies mitigate several risks at once.
On Staten Island, many voters are like Mary Ann Geressy, a 69-year-old retired Merrill Lynch administrative assistant and registered Democrat.
Here's a radical idea, free of charge. (If you don't like it, blame my pal Herb Allison, president and COO of Merrill Lynch.) It starts with a painful premise: Rich baby boomers are not buying GM cars.
Investment banks like Citigroup who structured more than half of these deals, Bear Stearns, UBS, Merrill Lynch and Morgan Stanley, have taken in millions in fees.
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The cme Group is going up against its own customers--banks like Barclays (nyse: BCS - news - people ), jpmorgan and Merrill Lynch (nyse: MER - news - people ), that is--by introducing over-the-counter derivatives, including interest-rate swaps.
Merrill Lynch financial advisers say their clients often have "play money" accounts at firms like Fidelity and Charles Schwab to do some basic trading on their own.
Petry's client Merrill Lynch (nyse: ML - news - people ) has, like most financial firms, banned employees from using personal e-mail accounts while at work.
As the former Merrill Lynch broker embroiled in the Martha Stewart insider trading case, Bacanovic has said he would like to move on from the incident and the city where it took place.
And while this problem often arises among the fringes of the securities industry at lesser and often dubious brokerage firms, this practice also occurs at the big boys, be they Merrill Lynch, Morgan Stanley, UBS, Wells Fargo, Goldman Sachs, or the like.
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