BoA manager on wrong track

If it would not be printed in black and white I would believe that this initiative comes from a third-rate bucket shop (Bloomberg). That the equity sales staff at Bank of America Merrill Lynch (BAML) has reportedly been set a quota of 30 client meetings each month smacks of sheer desperation but also of a complete lack of trust between management and staff. This augurs badly for the future of BAML.