Essays on Merrill Lynch

Enter Name of Student

Enter Name of University The OCBC Bank has their own unique approach to talent management and development because their overall success contributes to these vital areas. One of the primary approaches are that the company enables the employee to place their own careers and talents first. The concept of learning is a major component of the business strategy and they created several programs to help with their employee’s professional growth. One program “Bank’s Career Best” goals were for their employees to evaluate their own strengths, orientations of the career and attempts to understand where their workers fit ...

National Bank of Canada

National Bank of Canada is among the largest commercial banks in Canada, with its headquarters located in Montreal, Canada. The bank’s history dates back in 1859 when francophone businesspersons founded it (Cheffins, 1998). The bank has approximately 452 branches located in most of the Canadian provinces and approximately 2.4 million clients. The bank also has partnerships, subsidiaries and representative offices in other countries through which it serves both Canadian and non-Canadian customers. The bank has a public company ownership structure and its shares trade in Toronto stock market. This paper discusses in details the organizational structure, managerial practices, ...

Money laundering refers to the criminal activity in which money and funds that have been obtained illegally are used to fund or support legitimate and legal activities. In the process, the illegality of the original criminally obtained money and funds is, in essence, “washed” through its use in the legal activity. A more formal definition of money laundering defines it as, “the process through which criminals, hide, disguise, and legitimize the financial proceeds of their crimes” (FATF). There are a number of benefits that money laundering provides to criminals. First, by using the money to fund legal activities, money ...

A. Select a leader who you feel has exhibited exemplary ethical conduct and do the following:

1. Discuss at least two ethical traits that the leader demonstrated. A good example of an individual that exhibited ethical leadership is Sallie Krawcheck. Krawcheck is the current CEO and Co-Founder of Ellevest, and Chair of the Ellevate Network. Her previous employment include head of Bank of America’s investment banking division, CEO of Merrill Lynch’s wealth management division, and CEO of the Wall Street research company Sanford C. Bernstein & Co.. In an industry wherein fraud and dishonesty are rampant, Sallie Krawcheck’s ethical leadership was exemplary. As observed by Fortune Magazine columnists, the quest for an honest ...

Introduction

In his case, Ferrell (2012) discusses Enron Corporation from when it was formed, when it collapsed and all that followed after its collapse. Enron Corporation is an American company headquartered in Houston, Texas. This company was formed in the year 1985 through the merging of two gas pipeline companies. Enron Corporation deals in products and services such as natural gas, and also electric power generation and distribution. However, in the year 2001 when Ken Lay was the Chief executive officer and at his time of his stepping down, Enron was faced with financial problems which eventually led to its ...

The merger between the Bank of America and Merrill Lynch

Astute Diligence provides that there is a criterion followed before any acquisitions. Benchmarking of the performance of the company on sale is critical in that it provides the buyers with a background and stability of the shares they are about to purchase. Horizontal mergers may result in economies of scale as production is concentrated on fewer sites, labor, and capital used more intensively. It happens if companies that seek to merge are in the same line of production denoting that the business that buys will incorporate what it has been doing the acquired one. Other savings may arise from ...

Introduction

The corporate governance is the mechanisms that involve the rules, processes and the practices to which an organization is directed and controlled. Therefore, it is a process of balancing the interests of many stakeholders in an organization, which mainly includes the customers, financers, management, suppliers and the community. It provides the foundation and framework for achieving the company goals and objectives, and it looks at every part of the management including their actions, performance measure and corporate disclosure. It is a field in economics that investigates on how to motivate and secure the efficient administration of the corporations by ...