BAI lays off Client Managrs

Jan 10, 2009 1:43 am

It begins. I heard today that most of the CMs were walked out today.

Jan 10, 2009 1:55 am

WTF is a client manager

Jan 10, 2009 1:58 am

broker doing under 500K??

Jan 10, 2009 2:03 am

good. more money in motion

Jan 10, 2009 2:03 am

nope just sad that our economy drags many good people into the unemployment line.

Jan 10, 2009 2:06 am

I guess you can expect more of that from not just BOFA, but Wells as well.

Makes you wonder how the MS FA's feel each day wondering when they will be bought by a bank.

Jan 10, 2009 6:17 pm

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Client managers are the bank side partners that refer investment business to BAI reps.

Jan 10, 2009 6:47 pm

client managers are the managers that are over the assistants in the Merrill Branches.

stockguy