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In 1969, the company was sold to Merrill Lynch and would become Merrill Lynch, Royal Securities Limited. Eventually, the Royal Securities name vanished and the company operated as Merrill Lynch Canada Ltd. who over time would sell off their Canadian retail brokerage business to Canadian Imperial Bank of Commerce.
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.
Merrill (company) people (98 P) ... Merrill Lynch Global Private Equity; Merrill Lynch High Yield Master II; Merrill Lynch, Pierce, Fenner & Smith Inc. v. Manning;
Launched on June 21, 2010, [3] Merrill Edge is a "a no-frills brokerage unit" of parent company Bank of America's retail banking division. [4] Created after Merrill Lynch became a subsidiary of Bank of America in 2008, it contains the Merrill Lynch name and its employees are included in Merrill Lynch's number of employees. [5]
Name of merged entity 1931 ... Merrill Lynch: E. A. Pierce & Co. Merrill Lynch: 1940 ... Scudder Investments: Deutsche Bank: 2003 Lehman Brothers:
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.
In 2003, he became of head the company's global investment banking, and then co-president of the capital markets unit. [14] In those roles, Fleming oversaw the merger of Merrill Lynch Investment Management and BlackRock in 2006. [17] In May 2007, Fleming and Ahmass Fakahany were named co-presidents of Merrill Lynch. [18]
He worked for Merrill Lynch Investment Managers for seven years, rising to fund manager. [3] [4] In 2003, Degorce was a co-founder, along with Chris Hohn, of The Children's Investment Fund Management (TCIF) hedge fund. [5] In 2007, Degorce wrote to the Dutch bank ABN AMRO calling for its break up, citing its unsuccessful cost-cutting plans. [3]