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Bank of America mulls sale of Ex-Merrill unit: report (Reuters)

Started by riky, February 26, 2009, 03:03:49 AM

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riky

Bank of America mulls sale of Ex-Merrill unit: report
    (Reuters)

 



Reuters - Bank of America  is looking to sell a private bank it inherited from Merrill Lynch & Co. as the bank tries to preserve capital and possibly shed noncore assets, said a report on the Wall Street Journal's Web site, citing people familiar with the situation.


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