Bank of America Does Better With Mass Affluent than Private Banking

Bank of America has reported 2006 net income up 28 per cent to $21.13 billion from $16.47 billion a year earlier, but the picture was not quite so rosy in its Global Wealth and Investment Management business,....

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January 25, 2007
Bank of America has reported 2006 net income up 28 per cent to $21.13 billion from $16.47 billion a year earlier, but the picture was not quite so rosy in its Global Wealth and Investment Management business,....