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New York, DC Merrill Lynch hires rival Morgan Stanley advisers
Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.
SAC exec's lawyers: trial might be biased due to media coverage
According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.
IBM emerges as test case to Japan Prime Minister’s labor reforms
Prime Minister Shinzo Abe faced a tough test on whether or not permit foreign firms operating in Japan to easily fire out workers after IBM was sued for illegal termination of employees.
Evita bank notes are legal tender, says Argentine central bank
According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.