Merrill Lynch to pay out $550mn in sub-prime settlements

20 January 2009

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Beleaguered bank Merrill Lynch has agreed to pay out $475mn and $75mn respectively to settle two class action lawsuits filed against it in relation to its subprime losses.

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Merrill Lynch to pay out $550mn in sub-prime settlements

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Merrill Lynch to pay out $550mn in sub-prime settlements

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Fuel a smarter strategy with our actionable market intelligence

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Aspen aims for valuation of up to $2.9bn as IPO launched