Wealth and Asset Management
Merrill Lynch Largely Should Evade the BofA Knife
Bank of America is making big spending cuts, but the financial advisers in its Merrill Lynch unit aren’t anticipating a lot of pain. Industry analysts said that Merrill Lynch, as one of the bank’s star divisions, should be largely insulated from the $5 billion in annual cost reductions and 30,000…
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Click here to read the full story: The Wall Street of Journal