By Oliver Hirt and Douwe Miedema
ZURICH/LONDON (Reuters) - Bank of America Merrill Lynch has put its wealth management units outside the United States up for sale, three sources familiar with the situation said, hoping to fetch up to $3 billion for the sub-scale business.
Bank of America is the world's largest wealth manager, but its non-U.S. arm - which two of the sources said manages some $90 billion of assets for rich clients - is not large enough to generate enough money for the bank.
Bank of America declined to comment.
Relacionados
- Unos 300 directores y editores de periódicos debaten este fin de semana sobre la libertad de prensa
- Economía/PGE.- Montoro dice que Fernández Ordóñez tiene libertad para valorar los PGE "como entienda"
- El padre de Marta, sobre la libertad del 'Cuco': "La Justicia siempre está a favor del delincuente"
- Crysis 3 llegará en 2013 con mayor libertad
- Brin, cofundador de Google, acusa a Facebook y Apple de frenar la libertad en Internet
