Merrill Lynch & Co. (MER) said Tuesday that it agreed to buy National City Corp.’s (NCC) subprime mortgage unit for $1.3 billion. Merrill’s acquisition of First Franklin and its affiliated businesses ...
NEW YORK, March 26 (Reuters) - Barclays Global Investors (BGI), a unit of British bank Barclays Plc , hired former Merrill Lynch's Kurt Weisenfluh as head of mortgage trading in the United States. Mr.