Merrill Records Strong Private Client Profit Growth in 2005

Merrill Lynch said that its global private client business saw pre-tax profits rise by 16 per cent in 2005 to $2.2 billion. Total assets in GPC accounts rose 8 per cent year-on-year in the fourth quarter....

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By: Contributing Editor
January 20, 2006
Merrill Lynch said that its global private client business saw pre-tax profits rise by 16 per cent in 2005 to $2.2 billion. Total assets in GPC accounts rose 8 per cent year-on-year in the fourth quarter....