Julius Baer Affirms Being in Talks for BofA (BAC) Merrill Lynch's Int'l Wealth Management Unit

June 19, 2012 6:37 AM EDT
Julius Baer Group Ltd., the leading Swiss private banking group, is in discussions with Bank of America Corp (NYSE: BAC) about Merrill Lynch’s international wealth management business (outside the United States).

Given the early stage of these discussions, the outcome is entirely open.

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