Julius Baeris to buy the non-US wealth management operations of Merrill Lynch, boosting the Swiss private bank’s assets by almost half and netting as much as SFr860m ($840m) for Bank of America, which owns the lossmaking unit.
瑞士私人银行宝盛(Julius Baer)将收购美林(Merrill Lynch)的非美国财富管理业务,这将令宝盛的资产规模扩大近一半,并让目前拥有这块亏损业务的美国银行(Bank of America)回笼8.60亿瑞士法郎(合8.40亿美元)。
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