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Bank of America to add Merrill Edge offices, advisers

(Reuters) – Bank of America Corp said on Thursday it will grow its wealth management offering for mainstream investors by opening 600 new Merrill Edge centers and adding 300 new brokers in the next two years. Merrill Edge is a division of the bank that serves ... More »

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Merrill Lynch bans clients from investing in Silbert bitcoin fund

The company logo of the Bank of America and Merrill Lynch is displayed at its office in Hong Kong March 8, 2013. REUTERS/Bobby Yip NEW YORK (Reuters) – Bank of America Merrill Lynch banned clients from investing in one of bitcoin mogul Barry Silbert’s top fund... More »

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Merrill Lynch to freeze costly recruiting bonuses for brokers

The company logo of the Bank of America and Merrill Lynch is displayed at its office in Hong Kong March 8, 2013. REUTERS/Bobby Yip Bank of America Corp’s Merrill Lynch will stop paying the big upfront bonuses that Wall Street brokerages have long used to lure ... More »