Merrill Lynch Hires Four From UBS

Bank of America’s Merrill Lynch brokerage unit has appointed a team of four advisers.

Bank of America’s (BofA) Merrill Lynch brokerage unit has appointed a team of four advisers, Reuters reports. The team consists of John Burns, William Liebowitz, Peter Krones and John Forgatch.

All four were previously working with UBS. The team handled $277 million in client assets and generated $2.5 million of revenue in previous year for UBS.

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