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McDonald went into business after football, working as a Financial Consultant for Merrill Lynch, Vice President for Wells Fargo Bank and Senior Vice President at Fidelity National Title Insurance Company. [1] McDonald did radio color commentary for USC Trojans football games and lives in Newport Beach, California. [8]
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 ...
It was played in Newport, Rhode Island at the Newport Country Club (1982–1985) and in Scarborough, New York at the Sleepy Hollow Country Club (1986–1993). The purse for the 1993 tournament was US$550,000, with $82,500 going to the winner. The tournament was founded in 1982 as the Merrill Lynch/Golf Digest Commemorative Pro-Am.
Brian Murdock was named president and CEO of Strategic Investment Group in August, 2014. He is also a member of its board of managers. Strategic Investment Group was founded in 1987 and is a pioneer in Outsourced Chief Investment Officer (OCIO) solutions.
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The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
[8] [9] Merrill Lynch and Citigroup sought new leaders following the sudden departure of their former CEOs after the disappointing performance in the third quarter of 2007 due to the subprime mortgage crisis. [10] [11] Nelson Chai, the CFO of the New York Stock Exchange under Thain, followed his mentor to Merrill Lynch and assumed the same role ...
Born in the Bronx, Mulheren was a Wall Street icon who earned millions in the 1980s as a stock and option trader. Mulheren became a managing director for Merrill Lynch at age 25 and later became the chief executive of Bear Wagner Specialists, one of seven NYSE specialist trading firms.