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The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. [11] A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co. [12] At that time, the firm's name included a comma between Merrill and Lynch, which was dropped in 1938. [13]
Merrill Edge is an electronic trading platform and investment advisory service that provides self-directed and guided investment options for individuals and businesses. It is a subsidiary of Bank of America and was launched in 2010 after the merger between Merrill Lynch and Bank of America.
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.
Merrill Lynch Global Private Equity (MLGPE) was the private equity investment arm of Merrill Lynch, prior to its merger with Bank of America. The MLGPE business was focused on leveraged buyout and growth capital investments across a range of industries. MLGPE was among the most active investment banking sponsored merchant banking programs in ...
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]
In the 2003, Zimmerman did set up a boutique, but with other ex-Merrill colleagues, Michael Marks and Paul Roy (as opposed to Galley, who remained in retirement). [8] The new Venture was called NewSmith in a nod, Smith New Court, another City institution bought by Merrill Lynch in the 1990s and previously run by Marks and Roy.
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