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Bofa Merrill

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BofA Merrill turns positive on Indian banks

Bank of America Merrill Lynch upgraded State Bank of India, Bank of Baroda, and Oriental Bank of Commerce Ltd to 'buy'.The investment bank says upgrades come on the back of a steepening bond yield......

Why Hemendra Kothari is leaving Merrill Lynch

Hemendra Kothari has been at the helm of DSP Merrill Lynch since the organisation was formed in the summer of 1984. The 25-year relationship is set to end with Kothari deciding to retire on March......

BofA to repay $45-bn bailout funds

Bank of America has said it will repay $45 billion bailout funds to the US government. The battered entity had received taxpayers money to the tune of $25 billion in October 2008 and another $20......

New York attorney general sues BofA, former CEO

The New York attorney general has filed a lawsuit against the Bank of America and its two former top honchos, including CEO Kenneth Lewis, for duping shareholders and the US government to complete......

RIL June quarter profit to drop 24%: BofA ML

Reliance Industries is expected to report a 24 per cent drop in its net profit for the June 2012 quarter as compared to its profit in June 2011.A report by Bank of America Merrill Lynch (BofA ML)......

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