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BOA shakes up Merrill Lynch leadership

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Published Thu, Mar 30, 2017 · 09:50 PM

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BANK of America Corp's new wealth management chief, Andy Sieg, is reorganising his Merrill Lynch herd.

In a broad leadership shake-up announced on Wednesday, Mr Sieg cut the number of divisions within Merrill Lynch to six from 10 and promoted Mike Adornetto to serve as chief operating officer for wealth management.

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