close to an agreement to acquire Bank of America's
Merrill Lynch wealth management business outside the United
States, two people familiar with the situation said, a deal that
could expand the Swiss private bank's client assets by 50
percent.
Saturday, August 11, 2012
UPDATE 1-Baer seen close to buying Merrill's non-US wealth units
LONDON/NEW YORK, Aug 10 (Reuters) - Julius Baer is
close to an agreement to acquire Bank of America's
Merrill Lynch wealth management business outside the United
States, two people familiar with the situation said, a deal that
could expand the Swiss private bank's client assets by 50
percent. 
close to an agreement to acquire Bank of America's
Merrill Lynch wealth management business outside the United
States, two people familiar with the situation said, a deal that
could expand the Swiss private bank's client assets by 50
percent.
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