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Michael Hayes

Michael’s Recent activity

Hanging Tough
Nov 01, 2001
The terrorist attacks stunned investors from Wall Street to Main Street. In response, many are maintaining their investment resolve. But some, despite reassurances, pleading and even a few threats from their brokers...
Merrill Lynch Names New Retail Exec
Nov 01, 2001
Broker response to James Gorman's appointment as president of the Merrill Lynch U.S. Private Client Group in September ranges from positively glowing to downright stinging. Some question how well Gorman understands...
First Union Producers Await Name Change
Nov 01, 2001
The integration of First Union Securities (FUS) and IJL Wachovia is proceeding on schedule, but executives aren't sure what they'll call the new brokerage company. In April, officials said the combined brokerage...
Ford Aligns With TD Waterhouse
Oct 29, 2001
Online brokerage firm TD Waterhouse has formed an alliance with Ford Motor Company to offer online financial services to Ford’s 146,000 employees in the United States, the brokerage announced last week...
Merrill’s O’Neal Clarifies Cost Reductions
Oct 18, 2001
One day after The Wall Street Journal reported that Merrill Lynch was looking to slash its spending in its retail unit by $300 million to $400 million a year, President Stan O’Neal took the opportunity today to...
Merrill Names New International Chief
Oct 03, 2001
Another top executive at Merrill Lynch has stepped down. The company announced today that Win Smith Jr. relinquished his title as president of Merrill Lynch’s International Private Client Group, the division...
Three CAP Suits Certified
Oct 01, 2001
Courts have certified three class-action lawsuits challenging Citigroup's Capital Accumulation Plan (CAP). In August, Los Angeles Superior Court Judge Aurelio Munoz granted class-action status to a lawsuit filed...
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