Merrill Reports Record Profits for Private Client Unit, But AUM Growth Slows

Merrill Lynch has released record second quarter 2006 results for its global private client division. Pre-tax profits for the unit rose 53 per cent year-on-year to $701 million in the quarter. The....

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By: Contributing Editor
July 19, 2006
Merrill Lynch has released record second quarter 2006 results for its global private client division. Pre-tax profits for the unit rose 53 per cent year-on-year to $701 million in the quarter. The....