Julius Baer CEO Expects Redundancies With Merrill

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Aug. 13 (Bloomberg) -- Boris Collardi, chief executive officer of Julius Baer Group Ltd., discusses the Swiss money manager's agreement to pay about 860 million Swiss francs ($880 million) for Bank of America Corp.'s Merrill Lynch Wealth management business outside the U.S. He speaks from Zurich with Linzie Janis on Bloomberg Television's "Countdown." (Source: Bloomberg)