Bank of America's wealth management arm will host a conference call today with Paulson & Co's John Paulson, offering some of its financial advisers and their clients a chance to grill the struggling hedge fund manager, people familiar with the matter said.

The call comes within days of the decision by a major Paulson client, Citigroup's private bank, to stop investing with Paulson's firm. That move is expected to lead to withdrawals of about $410m.