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Tensions are on the rise again between Bank of America's brass and Merrill Lynch's 15,000-person brokerage force known as the "thundering herd" as the company pushes them to sell checking accounts and other retail-banking products to their clients. Full Article at New York Post
Related Articles
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By Susanne Craig Robert McCann, the recently appointed chief of UBS AG's wealth-management business for the U.S. , has assembled a team of former Merrill Lynch & Co. executives to help him return the struggling to profitability.Mr. McCann, who ran... Full Article at Wall Street Journal
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M acquarie Group backed its bet on Canadian retail investors last week by hiring a veteran of Merrill Lynch’s bond desk to help run its fixed income team. Full Article at Globe and Mail
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Nearly a year after leaving Bank of America under a cloud of controversy involving massive losses, executive bonuses, and lavish office decorating, former Merrill Lynch CEO John Thain is set to emerge from his self-imposed seclusion Thursday at a hedge... Full Article at CNBC
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In the heat of Bank of America's controversial marriage with Merrill Lynch, the man serving as general counsel for BofA wasn't authorized to practice law, The Post has learned. Full Article at New York Post
Related Quotes
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I love the retail broker business because my dad is a broker and my grandfather was a broker and it was the first job I ever had
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I had to go to court against two of my former employers to be able...to work with UBS
SOURCE: Times of India -
My goal here is to build the best wealth management business in the Americas
SOURCE: Clusterstock
