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Merrill’s brokerage unit head may not survive

Robert McCann, who directs Merrill Lynch's global wealth management division, may be on his way out as a result of the Bank of America merger--and could take some of the firm's top talent with him.

Bank of America Corp. announced Wednesday that Robert McCann, who as head of Merrill Lynch’s global wealth management division oversees its Thundering Herd of about 17,000 retail brokers, may not be in charge of that unit for long.

BofA said the new leader of global wealth and investment ma

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