Naish, it's for Prime Brokerage Services between BoA and Merrill...

  1. TDA
    11,411 Posts.
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    Naish, it's for Prime Brokerage Services between BoA and Merrill Lynch:

    Prime brokerage is the generic name for a bundled package of services offered by investment banks and securities firms to hedge funds and other professional investors needing the ability to borrow securities and cash to be able to invest on a netted basis and achieve an absolute return
 
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