
Fresh questions are being raised about the stability of Merrill Lynch’s 16,000-plus “thundering herd” of financial advisers, one of the most powerful and enduring forces in US financial markets.
By Greg Farrell and Francesco Guerrera in New York
Published: January 6 2009 19:16 | Last updated: January 7 2009 00:04

Fresh questions are being raised about the stability of Merrill Lynch’s 16,000-plus “thundering herd” of financial advisers, one of the most powerful and enduring forces in US financial markets.