Xiang Ji’s Bookshelf

You Don’t Need To Innovate In Finance; You Don’t Need To Invent Anything New

Archive for July 6th, 2009

What News?

The FT and Bloomberg reported over the weekend that Bank of America/Merrill Lynch has become the biggest wealth manager. What? Since January when Morgan Stanley and Citi’s Smith Barney were merged, the new JV has been the biggest wealth manager. The source of this apparent OLD news is a research firm in the UK who [...]