Merrill Lynch reported this morning that its individually managed account business survived the events of Sept. 11 well, without lots of clients bailing out. Redemption rates were about three-quarters ...
NEW YORK (Reuters) - Merrill Lynch is overhauling its $438 billion managed account business, spending more than $100 million to streamline how brokers open accounts, build portfolios and charge for ...
NEW YORK, June 4 (Reuters) - Merrill Lynch this week surrendered to pressure from its retail brokers to allow them to cut account fees for wealthy clients, retreating from a two-year effort to force ...
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