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Merrill Lynch Uses Unusually Large Signing Bonuses To Attract Star Brokers

NEW YORK (Joseph A. Giannone) – Merrill Lynch is giving some regional managers permission to offer unusually high upfront signing bonuses to attract top-tier brokers from rivals, according to several recruiters.The second-largest brokerage f…

NEW YORK (Joseph A. Giannone) – Merrill Lynch is giving some regional managers permission to offer unusually high upfront signing bonuses to attract top-tier brokers from rivals, according to several recruiters.

The second-largest brokerage firm is sweetening elements of a scheme unveiled in January, according to the recruiters who spoke on condition of anonymity.

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