Merrill Lynch looking to buy mortgage lender
Merrill Lynch looking to buy mortgage lenderMerrill Lynch & Co. may be planning massive investments and an overhaul of its business to try and increase shareholder return, Chief Administrative Officer Ahmass Fakahany said in an interview. Merrill could be targeting a mortgage lender such as Countrywide Financial Corp., Ameriquest Mortgage Co. or IndyMac Bancorp Inc., according to Bloomberg. Bloomberg (5/11)
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posted by Victor Lloyd Smith @ 11:08 AM
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