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Once you enroll and fulfill the terms of the offer, you get bonus cash back, a statement credit or whatever carrot the specific offer provides. American Express cardholders, for example, can take ...
Later that day, Merrill Lynch was sold to Bank of America for 0.8595 share of Bank of America common stock for each Merrill Lynch common share, or about $50 billion or $29 per share. [ 50 ] [ 51 ] This price represented a 70.1% premium over the September 12 closing price or a 38% premium over Merrill's book value of $21 a share, [ 52 ] but also ...
Upon joining Merrill Lynch, Thain received a $15 million signing bonus. ... a cash bonus of $15 million, stock grant of $33,013,151, and options grant of $35,017,421 ...
In 2015, the Merrill Lynch Broker-dealer incentive system changed to give brokers no money for managing accounts less than $250,000. [11] In 2014, Merrill Edge referred 30,000 customers to Merrill Lynch and U.S. Trust. Converted referrals gave Merrill Lynch an additional $4 billion to manage, which when apportioned among Merrill Lynch's 14,000 ...
In August 2009, the SEC filed a suit against Bank of America, alleging that the bank failed to disclose $3.6 billion in bonuses that Merrill Lynch paid its employees. [5] In January 2010, the SEC filed another suit against the bank, alleging it failed to disclose extraordinary fourth-quarter 2008 losses at Merrill Lynch prior to a December 5 ...
Merrill Lynch and Bank of America (NYSE: BAC) are about to come in for some more criticism. The Wall Street Journal reports that several senior executives at the broker got bonuses of over $10 ...
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