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Merrill Internal Reports Detail Revenue Production By Broker Levels -Reuters

DOW JONES NEWSWIRES Almost 46% of revenue generated by Merrill Lynch's Global Wealth Management unit last year came from 21%, or about 2,500, of its top-producing brokers, Reuters reported Wednesday, citing the brokerage's internal performance reports. Last year, the top 2,400 brokers generated an average of $2.5 million in revenue, while those in the next 20% generated an average of $1.2 million, Reuters reported. Merrill declined to comment, according to Reuters. Full story at http://www.reuters.com/article/2012/05/09/us-merrill-brokers-elite-idUSBRE84817N20120509 -Dow Jones Newswires; 212-416-2900

Stock News for Bank of America (BAC)
DateTimeHeadline
05/01/201512:07:023 Bank Stocks With Huge Cash Flow
05/01/201510:15:024 of Banking's Blue Chip Stocks
05/01/201507:11:53Securities Registration Statement (simplified Form) (s-3/a)
04/30/201515:00:19Omnicare Draws Interest from Potential Suitors, Including CVS...
04/30/201514:52:12Merrill's Structured Lending Head Resigns -- Street Moves
04/30/201511:12:16Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/30/201509:57:13Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/30/201509:00:00Study Finds Parents Worry a Large Inheritance Can Do More Harm...
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04/29/201518:36:58Bank of America to Pay $180 Million to Settle Investors' Forex...
04/29/201517:20:54BofA to Pay $180 Million to Settle Private Forex Lawsuit
04/29/201517:13:11Bank of America to Pay $180 Million to Settle Private Forex Lawsuit
04/29/201517:00:00Susan G. Komen® and Bank of America Renew Long-standing Partnership...
04/29/201515:57:54Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/29/201513:14:02CLSA Analyst Mike Mayo: 8 Reasons You Should Sell Your Bank of...
04/29/201509:00:00Bank of America Survey Finds 64 Percent of Small Business Owners...
04/28/201518:51:10Banks Feel the Heat From Lawsuits
04/28/201517:17:21Additional Proxy Soliciting Materials (definitive) (defa14a)
04/28/201513:30:07Ginnie Mae Says More Resources Needed to Police Nonbank Lenders
04/28/201513:29:24(25-NSE)

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