Sallie Krawcheck, president of Bank of America Corp.'s global wealth division, told the company's Merrill Lynch brokers that neither she, nor their compensation system, are headed out the door.

In an e-mail to the 15,000 brokers Wednesday, Krawcheck knocked down rumors of high-level infighting.

She said there have been "zero discussions" about changing the commission-based pay plan that financial advisers have always had. "It's simply not on the table," she said in the memo.

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