[ by Melanie Gretchen ] Bank of America may sell its overseas wealth-management unit to Swiss private-banking firm Julius Baer, said a person familiar with the matter.  The $1.5 billion to $2 billion deal would transfer the Charlotte, NC, bank's stake in Asia and Latin America, to Switzerland's biggest private bank, which currently manages assets of some $187 billion. Bank of America is in the process of selling all of its non-domestic business with the exception of its Japanese division, amid pressure to cut costs and raise additional cash ahead of complying with the Basel III regulations, which increase the need for liquidity and capital buffers. Going forward, the bank will continue to cover foreign clients through its U.S. offices. For further details, go to [CNBC, 6/18/12].