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John Alexander Thain (born May 26, 1955) is an American financial executive and investment banker. He was president and co-COO of Goldman Sachs, and then CEO of the New York Stock Exchange. Thain then became the last chairman and CEO of Merrill Lynch & Co. before its merger with Bank of America.
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 ...
Thurlow was born on December 27, 1980, in the city of Oakland, California, as Jonathan Merrill Thurlow, [1] to Paul Mark Thurlow and Susan L. Thurlow (née, Krusz). [1] [2] [3] He was raised in Colorado Springs, Colorado, a place where he considers it to be his hometown, [3] and where he started to lead worship activities as a teenager in high school. [4]
The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. [11] A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co. [12] At that time, the firm's name included a comma between Merrill and Lynch, which was dropped in 1938. [13]
Now, Linder is a financial adviser for Merrill Lynch Wealth Management, and in a conversation with David and John Auten-Schneider on Yahoo Finance’s Living Not So Fabulously podcast, they ...
On 3 December 2007, John Thain, the new chief executive officer at Merrill Lynch and Chai's former boss at the NYSE, announced that Chai would join Merrill in the position of chief financial officer starting on 10 December; the move was part of a management shake-up at Merrill, initiated due to their losses in the 2007 subprime mortgage financial crisis. [3]
Merrill Lynch: BofA Securities: 2008 Ameriprise Financial: J. & W. Seligman & Co. Ameriprise Financial: 2009 Morgan Stanley: Smith Barney: Morgan Stanley (Morgan ...
As President Donald Trump moved last month to free the people who stormed the U.S. Capitol, his newly appointed top prosecutor in Washington put his name on a request that a judge drop charges ...
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