BOFA

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  Sallie Krawcheck: Top 10 Reasons It’s Bad to Pay Bankers in Stock

  By Joyce Hanson, AdvisorOne  |  February 6, 2013

  Krawcheck says it’s time for large banks’ boards to come up with new payment strategies for executives, such as bonds, “which are fundamentally risk-discouraging.”

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  Top 7 Biggest Bank Fines

  By Dan Berman, AdvisorOne  |  January 11, 2013

  AdvisorOne finds that all of the biggest bank penalties have been levied in the last 10 years, with most of them since the financial crisis started in 2008.

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  Merrill Lures Two Reps From Morgan Stanley, One From Wells Fargo

  By Janet Levaux, AdvisorOne  |  September 10, 2012

  The three advisors have about $330 million in client assets and more than $1.5 million in yearly production.

• Wirehouses Post Mixed Results for Q4’11

  By Janet Levaux, AdvisorOne  |  February 24, 2012

  Bank of America said in mid-January that it had net income of $2 billion, or $0.15 per share, for the fourth quarter of 2011 vs. a net loss of $1.2 billion, or $0.16 per share in the same year-ago period, meeting analysts’ expectations.

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  5 Best & Worst Broker-Dealers: Q4 Earnings

  By Janet Levaux, AdvisorOne  |  February 15, 2012

  Brokerage firms in the fourth quarter boosted earnings growth as high as 191% and reported declines as low as 131%–AdvisorOne selected 10 to spotlight.

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  BofA Back in Black as Merrill Hires More FAs: Q4 Earnings

  By Janet Levaux, AdvisorOne  |  January 19, 2012

  Bank of America said Thursday that it had net income of $2 billion for the fourth quarter of 2011 vs. a net loss of $1.2 billion in the same year-ago period, meeting analysts’ expectations.

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  BofA Lowers Fees, Expands Online Platform for Merrill Edge

  By Janet Levaux, AdvisorOne  |  January 17, 2012

  These changes aim to boost business with Bank of America-Merrill's mass-affluent investors who do most of their trading online.

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  UBS Grabs $1.9M Merrill Producer

  By Janet Levaux, AdvisorOne  |  December 6, 2011

  Barry Mitchell joins UBS in New York from BofA-Merrill Lynch, where he managed about $290 million in assets.

• Most Earnings Top Estimates on Mixed Advisor-Headcount News

  By Janet Levaux, AdvisorOne  |  November 23, 2011

  Bank of America reported net income of $6.2 billion, or $0.56 per share, for the third quarter vs. a net loss of $7.3 billion, or $0.77 per share, last year — topping analysts’ estimates by a wide margin. Revenue, net of interest expense (and calculated on a fully taxable-equivalent basis)...

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  Bank Lobby Spending to Hit Record High

  By Danielle Andrus, AdvisorOne  |  November 22, 2011

  Spending in the first three quarters increased 12% over the same period in 2010, which was a record year for spending.