Two years after completing its takeover of Merrill Lynch, Bank of America is refining its strategy to get banking products such as debt, liquidity and cash management to the clients of financial advisors.
“We’re at the epicenter of these two companies coming together,” says Laurie Krupa, who was named head of the banking unit of the global wealth and investment management operation late last year. She reports to Sallie Krawcheck, president of New York-based globwl wealth and investment management, which had $2.238 trillion of total client assets as of Dec. 31.
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