Bank of America is one of the largest fully integrated financial services companies in the world.

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Merrill Lynch brokerage thought to award record hiring bonuses

A Billion Dollars

Bank of America’s Merrill Lynch brokerage unit is said to have awarded a possible record-breaking hiring bonus to a team of financial advisers that has some industry experts questioning whether the move will end up costing the firm money in the long run, the FOX Business Network has learned.