How is
Ameriprise going to realize some economies of scale after it buys the long-term (i.e. non-money-market) piece of
Columbia Management from
Bank of America.
Reuters' Ross Kerber
reports that the brokerage may merge some fund boards with the boards at its own
RiverSource, potentially saving "several million dollars a year in salaries for directors." 
Edited by:
Neil Anderson, Managing Editor
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