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BofA tops in wealth management: Is bigger better? (from Corporate Dealmaker)

Bank of America Corp. (NYSE:BAC) not only became the world's largest bank with its $50 billion acquisition of Merrill Lynch & Co., it also became the world's largest wealth manager. According to a survey from the wealth management consulting firm Scorpio Partnership, BofA, with $1.5 trillion under management in 2008,...

Posted on July 6, 2009 12:03 PM