The "Thundering Herd" is growing quieter. Bank of America is downgrading the iconic "Merrill Lynch" name as part of Chief Executive Brian Moynihan's effort to rebrand the company under a single title. BofA will remove the Merrill Lynch moniker from its investment banking and trading divisions, and will also drop the "Lynch" part of the...
The "Thundering Herd" is growing quieter. Bank of America is downgrading the iconic "Merrill Lynch" name as part of Chief Executive Brian Moynihan's effort to rebrand the company under a single title. BofA will remove the Merrill Lynch moniker from its investment banking and trading divisions, and will also drop the "Lynch" part of the...
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