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Royal Bank of Canada (RY) and Credit Suisse (CS) are said to be among the suitors who have made...
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Thursday, May 17, 2012, 3:31 AM ETRoyal Bank of Canada (RY) and Credit Suisse (CS) are said to be among the suitors who have made initial bids to buy BofA's (BAC) non-U.S. wealth management business. The unit, which could bring in ~$2B in a sale, is being auctioned off because BofA reportedly considers it too small to produce meaningful profits.
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