David Trone Quotes
The transaction makes a lot of sense strategically at a time when U.S. regulators are frowning upon financial incentives to brokers for pushing in-house funds. 
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Transaction | Sense | Strategically | Time | Regulators |
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Merrill has consistently bought back about $1 billion per quarter since early 2004, a pace that lately has been insufficient in offsetting balance sheet growth.
- David Trone
