Bank of America
Rockefeller Nabs RBC Recruiting Head Parker and Merrill Texas Manager Armondo
RBC Wealth’s recruiting head Michael Parker and Merrill’s Dallas market manager Michael Armondo, each of whom have 24 years of brokerage experience, will join to build Greg Fleming’s enterprise in the Northeast and Texas.
Top Stories of the Week: BofA Rebrands Merrill, Morgan Stanley Shifts Managers, and More
Most popular stories from 2/24 – 3/2
Sieg to Thundering Herd: ‘Brian Loves the Merrill Brand’
The head of Merrill’s brokerage force rushes out memo arguing that the Lynch-less re-branding will “bring to life everything we have to offer across Bank of America and Merrill.”
BofA Welds Name onto Merrill Units, Dissolves U.S. Trust Brand
Banking giant adopts Merrill “sub-brand” for all retail investment businesses, phases out PBIG designation and recasts its traditional trust unit as BofA Private Bank.
Merrill Broker Dinged by Payout Penalties Goes Indie with Wells Fargo
Spokane, Washington, broker who says he generated $1.2 million in revenue but was penalized by failing to hit Merrill “growth-grid” targets has high hopes for life as an independent broker.
Top Stories of the Week: Merrill’s Checking Push, Ex-UBS Duo’s Charity Flub, Gaming Share Limits and More
Most popular stories from 2/2 to 2/9.
BofA Gooses Checking Account Sales to Merrill Wealth Clients
A New York City branch is offering dinners for client associates who sell checking accounts while banking specialists in the midwest face a lofty 2019 goal of opening almost 24,000 checking accounts from Merrill wealth clients.
Merrill Gives Some Brokers Leeway on BofA Product Incentive
Brokers more than 10 miles from a Bank of America branch will get double-credit for selling a loan or checking account in pursuit of a higher payout.
BofA Expands Free Trading in Stocks, ETFs for Rewards Customers
Bank of America Corp. is expanding a perk for its loyalty-program members: free trades.
EXCLUSIVE: BofA to Give Free Stock to Thousands of Employees, Including Merrill FAs
“Special” award of 200 to 500 restricted shares will go to full- and part-time workers grossing $100,000 to $350,000, following cash gifts already paid to those earning less than $100,000.
BofA’s Quiet CEO to Star in Ad Campaign, Helped by Matt Damon
Brian Moynihan is a low-key guy. But this weekend, the chief executive officer of Bank of America Corp. will take the rare step of speaking into a microphone to almost 20 million people.