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The Latest Bank Of America / Merrill Lynch News

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Reuters reports that Merrill Lynch and Bank of America have won the dismissal of a case brought by a group of black financial advisors who claimed that they were paid lower retention bonuses than white counterparts to remain with the firm following the 2008 merger.

Wall Street Firms Held Inaugural LGBT Summit

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On March 30, six of Wall Street’s major banks - Bank of America Merrill Lynch, Barclays, Citi, Goldman Sachs, Deutsche Bank and Morgan Stanley — joined together at 'Out on the Street', a summit convened to discuss issues vital to the lesbian, gay bisexual and transgender (LGBT) community.

Rogues and Fat Fingered Traders

Rogue Trader

We thought we'd take a quick look at those traders whose unauthorized actions have led to their firms incurring substantial losses, or worse - losses caused as a result of a foul-up.

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The Best Firm of the Last Decade is..

HITC has been polling employees at commercial and investment banks, asset management and private equity firms and hedge funds globally for the past decade to determine who they think is the best firm to work for.