BUSINESS BRIEFING / SECURITIES
- Share via
TIMES WIRE SERVICES
Merrill Lynch & Co. said it is examining some irregularities in London trading accounts and has informed regulators, but believes the risk of possible losses is “under control.”
The company disclosed it was investigating trading after the New York Times reported that a London-based foreign exchange trader lost more than $120 million while others may have lost hundreds of millions more on derivatives trading.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
