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Merrill Lynch & Co., formally Merrill Lynch, Pierce, Fenner & Smith Incorporated, was a publicly-traded American investment bank that existed independently from 1914 until January 2009 before being acquired by Bank of America and rolled into BofA Securities.
BofA Securities, Inc., [1] previously Bank of America Merrill Lynch (BAML), is an American multinational investment banking division under the auspices of Bank of America.It is not to be confused with Merrill, the stock brokerage and trading platform subsidiary of Bank of America.
By Jonathan Stempel Top executives at Bank of America (BAC) did not tell shareholders just prior to a 2008 vote on its purchase of Merrill Lynch & Co that losses were mounting and expected to ...
Bank of America is the second largest bank in the U.S., with more than $2.5 trillion in assets. ... you’ll need at least $20,000 in combined Bank of America and Merrill deposit accounts as your ...
Bank of America's meltdown-era acquisitions of Merrill Lynch and Countrywide could be among the worst corporate acquisitions of all time. But as much as some long-suffering B of A shareholders ...
Merrill Lynch, Pierce, Fenner & Smith Incorporated, doing business as Merrill, and previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities.
On October 3, 2008, Bank of America announced that John Thain would lead the combined Bank of America/Merrill Lynch Global Corporate and Investment Banking enterprise. Thain was forced out by Bank of America Chairman Kenneth D. Lewis on January 22, 2009, because of the colossal losses visited on B of A due to its acquisition of Merrill Lynch ...
Bank of America Merrill Lynch Transfers InstaQuote ® to REDI NEW YORK--(BUSINESS WIRE)-- As announced earlier this week, Bank of America Merrill Lynch has established an equity interest in REDI ...