Corporation (Investment Banking Affiliates), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., both of which are registered broker-dealers and members of SIPC, and, in other jurisdictions, by locally registered entities.
Infinity: Infinity, the concept of something that is unlimited, endless, without bound. The common symbol for infinity, â, was invented by the English mathematician John Wallis in 1657. Three main types of infinity may be distinguished: the mathematical, the physical, and the metaphysical.
IBM and the World Bank first introduced financial swaps to the public in 1981 when they entered into a swap agreement. The IBM PC, originally designated IBM 5150, was introduced in 1981, and it soon became an industry standard. In 1991, IBM sold printer manufacturer Lexmark. In 1993, IBM posted a US$8 billion loss-at the time the biggest in American corporate history.