Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Thursday, March 18, 2010
BofA’s Ten-Million-Dollar Bones of Contention
Would the private banking unit (PBIG) at Merrill Lynch, now a BofA brand, clash with US Trust, another BofA brand? You betcha. According to this Investment News dispatch, they're fighting over the same multimillionaires. (Pause to admire Merrill Lynch's classic "Bull in the China Shop" commercial. Investment News provides the link.)
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