"Bank of America Merrill Lynch" is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC.
Bank of America will drop merrill lynch from its investment-bank brand, while keeping the name Merrill for its wealth management unit. The Charlotte, N.C.-based lender will refer to its investment bank as BofA Securities and drop the U.S. Trust name from its private bank, the company said Monday in a statement.
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Bank of America Corp. is planning to drop Merrill Lynch from the branding of its investment bank, while it will use the name Merrill for its wealth management unit. The Charlotte, N.C.-based lender.
The investment banking, global markets and capital markets units that had been branded as Bank of America Merrill Lynch will now be marketed as BofA Securities.
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According to Bloomberg, Bank of America (BAC) is dissolving Merrill Lynch & Co. and keeping only the brand name just four years after acquiring it. Bank of America, the second-biggest U.S. lender by.
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While Bank of America will keep the Merrill Lynch brand for its retail brokerage and investment bank, the Charlotte, N.C.-based company plans to dissolve the subsidiary as early as the fourth.
According to Bloomberg, Bank of America (BAC) is dissolving Merrill Lynch & Co. and keeping only the brand name just four years after acquiring it. Bank of America, the second-biggest U.S. lender.
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In yet another move aimed at cutting costs, Bank of America Corp. (NYSE:BAC) plans to dissolve the Merrill Lynch & Co. subsidiary, merging that legal entity into the Charlotte-based financial giant,
You must be enrolled in Online Banking or Mobile Banking to participate in the BankAmeriDeals program and have either an eligible Bank of America debit or credit card or merrill lynch credit card. Earned cash back will be credited into an eligible consumer deposit or credit account in 30 days following redemption.
Merrill Lynch Life Agency Inc. ("MLLA") is a licensed insurance agency and wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America, N.A., Member FDIC, or U.S. Trust Company of Delaware. Both are wholly owned subsidiaries of BofA Corp.