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Merrill brokers await the lottery

Article Abstract:

Double bonuses for top Merrill Lynch brokers. With the acquistion by Canadian Imperial Bank of Commerce in place, top brokers were paid retention bonuses by Merrill Lynch for not leaving during the acquistion and now will be paid bonuses by the bank to stay on.

Author: Willis, Andrew
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Labor force information, Management development, Canadian Imperial Bank of Commerce, Merrill Lynch Canada Inc.

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Rivals woo Merrill brokers

Article Abstract:

Merrill Lynch's Canadian brokers courted. Company officials offer top employees retention bonuses as Bank of Montreal and Royal Bank of Canada offer sports star-style signing bonues to steal them away.

Author: Willis, Andrew, McNish, Jacquie, Reguly, Eric
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Personnel administration, Methods, Management, Employee recruitment, Bank of Montreal, Royal Bank of Canada, RY, Merrill Lynch & Company Inc.

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Subjects list: United States, Banking industry, Commercial banks, Canada, Officials and employees, Securities dealers, Stockbrokers, Compensation and benefits, Securities industry, Company Profile, MER, Workers
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