Merrill Lynch

Merrill Lynch is an enormous financial services supermarket. They serve private, institutional, and government clients, selling mutual funds, insurance, annuities, trusts, and clearing services, in addition to traditional investment banking and brokerage services. Merrill Lynch has over 50,000 employees and more than $1 trillion in assets under management.

Merrill Lynch played a role in some of the most notorious securities fraud scandals in recent years: Enron, ImClone, and the Henry Blodget/analyst misconduct scandals all involved Merrill Lynch.

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Institutional Investor Securities Blog - Merrill Lynch
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