Troubled Wall Street bank Merrill Lynch said its losses more than doubled in the third quarter, to 5.2 billion dollars, on write-downs of nearly 10 billion dollars.The beleagured investment bank, being bought by Bank of America, saw losses widen to 5.2 billion dollar in the July-September period from 2.2 billion dollars in the 2007 third quarter.

SINGAPORE, Sept 16, 2008 (AFP) - Singapore's Temasek Holdings could walk away with a profit from its stake in investment bank Merrill Lynch despite the Wall Street firm's battering by a housing crisis, economists said Tuesday.'It still might work out well from their perspective,' said David Cohen, of global research house Action Economics.

WASHINGTON, September 15, 2008 (AFP) - Bank of America announced plans Monday to buy investment bank Merrill Lynch for 50 billion dollars in stock, scooping up the Wall Street icon battered by the housing and credit crisis.The deal creates the world's largest financial services company, Bank of America said.

WASHINGTON, September 15, 2008 (AFP) - Bank of America has agreed to buy intestment bank Merrill Lynch for 50 billion dollars in a transaction that creates the world's largest financial services company, the bank announced early Monday.

WASHINGTON, September 14, 2008 (AFP) - Bank of America, once considered a potential buyer for the beleaguered Lehman Brothers investment firm, is now in 'advanced talks' toward a deal to buy its competitor Merrill Lynch, US media said Sunday.

NEW YORK, April 17, 2008 (AFP) - US investment bank Merrill Lynch reported its third straight quarter in the red Thursday after another massive write-down on assets from its adventure in the risky US subprime mortgage market.

NEW YORK, April 17, 2008 (AFP) - Wall Street investment bank Merrill Lynch reported Thursday a first-quarter loss of nearly two billion dollars due to massive writedowns, and said it would slash 10 percent of its workforce.

NEW YORK, Jan 17, 2008 (AFP) - Merrill Lynch, one of Wall Street's biggest investment banks, said Thursday that its losses had ballooned to a massive 9.8 billion dollars marking the largest quarterly loss in its history.

WASHINGTON, Jan 15, 2008 (AFP) - Merrill Lynch, one of America's biggest investment banks, said Tuesday it had won fresh financial backing totaling 6.6 billion dollars from the Kuwait Investment Authority, the Korean Investment Corporation and other big investors.

NEW YORK, Nov 14, 2007 (AFP) - Troubled Wall Street investment bank Merrill Lynch on Wednesday chose John Thain, who forged the New York Stock Exchange and Euronext into the world's largest stock market operator, as its new chief executive and chairman.

Thain, 52, currently the CEO of NYSE Euronext, will take the Merrill Lynch posts on December 1, Merrill Lynch said in a statement.