Bank of America Buys US Trust
Bank of America is to buy US Trust, the private-banking unit of Charles Schwab, for $3.3 billion in cash, so as to be in a better position to compete for high net worth clients. The acquisition will....
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November 21, 2006
Bank of America is to buy US Trust, the private-banking unit of Charles Schwab, for $3.3 billion in cash, so as to be in a better position to compete for high net worth clients.
The acquisition will....
