Reuters - New York Attorney General Andrew Cuomo may demand the return of $4 billion in bonuses paid by Merrill Lynch & Co just before it was acquired by Bank of America Corp, Bloomberg said, citing a person familiar with the matter.
(Reuters) - New York Attorney General Andrew Cuomo may demand the return of $4 billion in bonuses paid by Merrill Lynch & Co just before it was acquired by Bank of America Corp, Bloomberg said, citing a person familiar with the matter.
(Reuters) - Bank of America Corp is in talks with New York attorney general Andrew Cuomo's office to settle a probe on bonuses paid to Merrill Lynch executives, the New York Times reported, citing people with knowledge of the matter.
(Reuters) - New York state's attorney general, Andrew Cuomo, this week issued a subpoena to Bank of America Corp , asking for details on how it allocates its bonuses, the Wall Street Journal said, citing a person familiar with the matter.
NEW YORK (Reuters) - Merrill Lynch & Co traders may have booked hefty losses late last year only after learning of their 2008 bonuses, but executives chose not to revisit their decision to pay out $3.62 billion of bonuses, New York Attorney General Andrew Cuomo said on Wednesday.
Andrew Cuomo, New York's attorney general, filed a motion asking a judge to compel John Thain, the former chief executive of Merrill Lynch, to testify about specific bonuses paid to individual Merrill employees last year