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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