Bruce Thompson

• Wirehouses Boost Wealth Results

  By Janet Levaux, AdvisorOne  |  February 22, 2013

  Bank of America reported a 63% drop in net income for the fourth quarter of 2012.

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  BofA Profit Off 63% as Wealth Unit Doubles Its Earnings

  By Janet Levaux, AdvisorOne  |  January 17, 2013

  The wealth unit of Bank of America sees its net margins top 20%, as its advisor headcount dips slightly.

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  Q3 Earnings: BofA Tops Estimates as Merrill Boosts Advisor Count

  By Janet Levaux, AdvisorOne  |  October 18, 2011

  Net inflows of client assets were nearly $2 billion in the third quarter for the wealth-management unit vs. outflows of about $2.5 billion last year.

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  BofA Sells Half Its Stake in Chinese Bank for $8.3 Billion

  By Janet Levaux, AdvisorOne  |  August 29, 2011

  Bank of America said Monday it was selling about 13 billion common shares, or 5%, of China Construction Bank to a group of investors for some $8.3 billion in cash and an after-tax gain of $3.3 billion.