Despite revenue dip, Merrill growth contributes to strong quarter for BofA
Although revenue was down, growth at Merrill Lynch contributed to one of the strongest quarters in Bank of America's history.
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Although revenue was down, growth at Merrill Lynch contributed to one of the strongest quarters in Bank of America's history.
Merrill Lynch Wealth co-heads Lindsay Hans and Eric Schimpf said Q2 was big for client acquisitions, partially because of money moves after bank collapses.
Merrill Wealth Management heads Lindsay Hans and Eric Schimpf want to rekindle growth and spur innovation at Merrill by investing in advisors, training and technology.
Merrill Lynch said it's revised its senior management, almost two months after former head Andy Sieg said he was leaving.
The moves come as Merrill seeks to integrate more with parent company Bank of America.