Executive Moves
Merrill Shuffles Brokerage Managers in Wake of Broader Cost Cuts at BofA
Bank of America Corp.’s Merrill Lynch unit is shuffling several of the top executives who oversee the brokerage’s more than 14,000 financial advisers, in the wake of broader cost cuts at the bank. Merrill also told its brokers this week that it would consolidate its so-called Heartland division to reduce…
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Click here to read the full story: Wall Street Journal