News and Developments


Bank of America to cut 12,500 jobs; local impact unclear


Bank of America Corp. plans to cut 12,500 jobs over the next two years, the company confirmed Monday


Survey: Q1 high tech M&A surpasses all of 2003Buyers spent $63.4 billion to acquire technology companies in the first quarter of 2004 -- more than in all of 2003


Largest mergers and acquisitions in 2003Mergers and acquisitions involving Russian companies topped $20bn in 2003, according to RBC Rating rating.rbc.ru. Most deals were made by Russian companies, and foreign buyers made up 14 percent


Mergers Boom in First Quarter of 2004


Mergers came back in a big way in the first quarter, as several huge deals put activity on pace for its biggest year since the bull market bonanza.


Nanotech looms big in tech companies


Nanotechnology is well established at some major technology companies, but Wall Street is just catching on to the money-spinning potential for the rapidly evolving field, industry experts said this week


Putnam to pay $110M settlement


Boston Business Journal


Putnam Investments, the Boston money manager at the center of the mutual fund industry scandal, agreed Thursday to pay $110 million to settle civil fraud charges brought last year by the U.S. Securities and Exchange Commission and Massachusetts Secretary of State William Galvin.


Client News


Merrill Lynch Creates `Nanotech Index' To Track Evolving Industry


NEW YORK--(BUSINESS WIRE)--April 1, 2004--Merrill Lynch (NYSE:MER - News) today introduced the "Merrill Lynch Nanotech Index," which, effective immediately, will be quoted intraday on the American Stock Exchange under the symbol NNZ


Our Attorneys


A bizarre ending to legal saga - Kozlowski's trial


Financial Times 602 words 3 April 2004


"I don't think there are that many hard-and-fast, black-and-white rules of trial practice, but that is one of them," said Zachary Carter, a former prosecutor who is now a partner at Dorsey & Whitney.