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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
12/06/201612:40:00Heads of J.P. Morgan, Bank of America Say FICC Stronger
12/06/201612:36:00Heads of J.P. Morgan, Bank of America Say FICC Stronger After...
12/05/201617:12:00NOTICE TO MERRILL LYNCH PUERTO RICO BOND/BOND FUND INVESTORS:...
12/05/201606:02:12Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
12/02/201618:10:00Morgan Stanley Toughens Pay Hurdles for Brokers
12/02/201609:00:00The New Retirement: Not Retiring
12/01/201616:20:00Wells Fargo Formally Separates Chairman, CEO Roles
12/01/201614:43:00NOTICE TO MERRILL LYNCH CUSTOMERS – Klayman & Tokses, P.A. A...
12/01/201614:40:00Despite Fiduciary Uncertainty, Wells Fargo Details Compliance...
12/01/201609:20:00Brazilian Police Raid Offices of Banco Itaú
12/01/201609:18:00Carrie Ann Inaba To Join Tree Lighting Festivities At Bank Of...
11/30/201615:41:22Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
11/30/201614:00:00Merrill Lynch Penalized $7 Million by Regulators
11/30/201613:23:00Regulator Slaps Merrill Lynch With $7 Million Penalty
11/30/201609:00:00Bank of America and (RED) Team Up on World AIDS Day to Help End...
11/30/201606:06:34Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
11/29/201617:20:40Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
11/29/201617:07:36Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
11/29/201610:08:38Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
11/28/201617:29:10Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)

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