Q&A

Why is Bank of America phasing out Merrill Lynch?

Why is Bank of America phasing out Merrill Lynch?

Ten years after the financial crisis, Bank of America is phasing out the Merrill Lynch brand for some businesses. Bank of America (BAC) said Monday that it will no longer use the Merrill Lynch name for its investment banking and trading divisions. Instead, these businesses will form a unit called BofA Securities.

Where to find Bank of America Merrill Lynch?

To access the historical financial statements of Merrill Lynch & Co., please see the Merrill Lynch SEC Filings page. To access regulatory financial reports (call reports) for Bank of America, N.A., please visit the FFIEC’s website.

Who was the founder of Merrill Lynch Bank?

Merrill Lynch was founded in 1914 by Charles Merrill and Edmund Lynch. The company grew into a massive retail brokerage that aimed to expose everyday investors to the stock market, and its brokers became known as the “thundering herd.” A view of the offices of Merrill Lynch, Fenner and Smith in 1958.

Where does Bank of America use Merrill Lynch?

“Merrill Lynch” is the trademark that Bank of America Corporation uses in the Republic of Argentina for its capital market, financial advisory and investment businesses, which are conducted by and through Merrill Lynch Argentina S.A..

What are the benefits of Bank of America Merrill Edge?

With Bank of America Preferred Rewards, you enjoy real benefits and rewards on your Merrill Edge investing and Bank of America banking account balances. And as your balances grow, so do your benefits.

Where can I meet a Merrill Lynch advisor?

Meet with a licensed Merrill Financial Solutions Advisor™ at more than 2,000 Bank of America financial centers. Enjoy real benefits and rewards on your Merrill investing and Bank of America banking account balances.

Who are the brokers for Bank of America?

Securities products are provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S”, or “Merrill”), a registered broker-dealer, Member SIPC layer, and a wholly-owned subsidiary of Bank of America Corporation (“BofA Corp.”).