Merrill REIT business offers boost for Bank of America

05/12/2009 | TheStreet.com

Thanks in part to the resurgence of REITs, Bank of America is starting to reap some significant rewards from its acquisition of Merrill Lynch. Data provider Dealogic reports that Bank of America/Merrill Lynch has pocketed more than $100 million in investment banking fees from REIT offerings during the recent REIT rebound, putting it way ahead of the other banks.

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