Archive for January, 1970

Merrill brokerage chief McCann to leave (Reuters)

Bob McCann, head of brokerage at Merrill Lynch & Co, announced his plans to leave the securities firm, just days after its acquisition by Bank of America was completed.

Hospital bailout vote, and deadline, is Tuesday (at Atlanta Journal Constitution)


Waterford in talks on asset sale as loans called in (at FT.com)

Talks to salvage Waterford Wedgwood were under way last night with at least three US parties after the owner of the historic crystal and porcelain brands was forced into receivership.

Veteran McCann quits Merrill Lynch (at FT.com)

Robert McCann, head of Merrill Lynch’s “thundering herd” of 16,000 financial advisers, is leaving the firm that he has worked for, with one interruption, since 1982.

[video] Turmoil At Merrill (at CNBC)


[$$] Overheard (at The Wall Street Journal Online)


Thain Strain? Merrill’s Brokerage Chief Resigns (at CNBC)


Hedge Funds: Ivy’s Davies joins Ramius Fund of Funds Group (at MarketWatch)

Ramius Fund of Funds Group says that it hired an executive from Ivy Asset Management to be the firm’s chief investment officer.

Treasury Invests $15B in Seven Banks (at TheStreet.com)


Final Glance: Finance companies (AP)