Julius Baer: In Talks With Bank of America About Merrill Lynch's Wealth Management Unit
June 19 2012 - 12:47AM
Dow Jones News
By John Revill
ZURICH--Swiss private bank Julius Baer Holding AG Tuesday said
it was talking to Bank of America Corp. (BAC) about acquiring
Merrill Lynch's international wealth management business.
The talks, which relate to the non-U.S. arm of the business, are
at an early stage, and the outcome is "entirely open," Julius Baer
said in a statement.
Write to John Revill at john.revill@dowjones.com
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