BofA (BAC) Completes Int'l Weath Management (non-U.S.) Transfer to Julius Baer

February 1, 2013 7:03 AM EST
Bank of America Corporation (NYSE: BAC) has announced that all pre-conditions necessary to allow principal closing of the sale of its International Wealth Management business based outside the United States have been met. As a result, ownership of Merrill Lynch Bank (Suisse) has today transferred to Julius Baer Group. Further transfers will occur in due course.

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