Can Bank of America finally corral Merrill Lynch’s “thundering herd”?
This year marks an inflection point for the bank, which seven years ago bought Merrill Lynch and dubbed the firm's brokerage unit the crown jewel of the deal.
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Merrill Lynch’s broker herd eyes greener pastures
Expiration of retention packages has brokers considering exits from BofA unit, while Morgan Stanley challenges for top brokerage revenue
