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- Tuesday, October 9, 2012, 6:58 AM The new owner of BAML's ex-U.S. private banking operations, Julius Baer announces the elimination of 15-18% of the unit's 5.7K workforce. Layoffs are expected to begin after the deal closes next year. Comment! [Financials]
- Friday, August 10, 2012, 9:48 AM Bank of America (BAC) is nearing the inking of a deal to sell its ex-U.S. Merrill Lynch wealth management business, reports Bloomberg, with an announcement coming as soon as Monday. The price tag has previously been pegged in the $1.5-2B range. 7 Comments [Financials, M&A]
- Tuesday, January 18, 2011, 7:15 AM In a Swiss bank's nightmare come true, a former Swiss private banker gives WikiLeaks data on 2,000 offshore bank account holders. WikiLeaks' Assange says it will take at least two weeks to vet the new information before a possible release. 2 Comments
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