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BofA has 5 million wealthy customers outside Merrill. Can it win their assets?

Summary by American Banker
Bank of America CEO Brian Moynihan sees plenty of progress in his firm's wealth management businesses, despite calling that arm its "least efficient."
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American BankerAmerican Banker
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Financial PlanningFinancial Planning

BofA has 5 million wealthy customers outside Merrill. Can it win their assets?

Bank of America CEO Brian Moynihan sees plenty of progress in his firm's wealth management businesses, despite calling that arm its "least efficient."

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American Banker broke the news on Tuesday, November 10, 2026.
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