Merrill's Thiel jostles retail brokerage ranks
March 10, 2014 at 18:56 PM EDT
NEW YORK, March 10 (Reuters) - Merrill Lynch, whose army of stockbrokers has shrunk almost 15 percent since it was bought by Bank of America Corp five years ago, replaced or transferred more than a dozen of its senior sales executives last week as it seeks to increase productivity.
