Merrill exec to leave with big payout; others stay | WHAT REALLY HAPPENED


Merrill exec to leave with big payout; others stay

Merrill Lynch & Co's (MER.N) head of strategy will likely leave the bank with as much as $25 million in compensation, while three other top executives are set to stay at the firm once it combines with Bank of America Corp (BAC.N), according to media reports.

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