Financial Times FT.com

McCann files suit against BofA

By Greg Farrell in Killarney, Ireland

Published: August 24 2009 21:35 | Last updated: August 24 2009 21:35

Bob McCann, former leader of Merrill Lynch’s “thundering herd” of wealth management advisers, filed suit on Monday against Bank of America over the terms of his departure so that he can take a “once in a lifetime” job somewhere else.

The suit does not identify Mr McCann’s future employer, but the Financial Times has reported that Mr McCann is the leading candidate to take over wealth management operations in the Americas for UBS.

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