Bank of America Merrill Lynch

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This article is about the corporate and investment banking division of Bank of America. For details about Merrill Lynch as an independent company prior to its acquisition by Bank of America and its continuing existence as the wealth management division of Bank of America, see Merrill Lynch.
Bank of America Merrill Lynch
Type Division
Industry Financial services
Founded January 1, 2009
Headquarters Bank of America Tower
New York City, United States
Area served Worldwide
Key people Thomas K. Montag (President)[1]
Products Investment banking
Parent Bank of America
Website Bank of America Merrill Lynch

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America.[2] It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management.[1] It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009.

History[edit]

Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009.[3] Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009.[4]

In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa.[5]

In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division.[6]

In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year[7] in The Banker's Investment Banking Awards.[8]

Operations[edit]

Bank of America Merrill Lynch operates within four geographic divisions:

  1. Asia Pacific
  2. Europe, Middle East & Africa
  3. Latin America
  4. U.S. & Canada.[2]
The Bank of America Merrill Lynch office at Four World Financial Center in New York City 
The Bank of America Merrill Lynch office at 5 Canada Square in London 

References[edit]

  1. ^ a b "Thomas K. Montag". Bank of America. Retrieved 21 January 2011. 
  2. ^ a b "Corporate and Institutional". Bank of America. Archived from the original on 29 January 2011. Retrieved 21 January 2011. 
  3. ^ "Bank of America completes Merrill Lynch purchase". Reuters. 1 January 2009. Retrieved 21 January 2011. 
  4. ^ "Bank of America Rebrands Offices in New York, London Towers". Bloomberg. 3 September 2009. Retrieved 29 May 2012. 
  5. ^ "Top Nomura Middle East banker quits firm - source". Reuters. 22 April 2010. Retrieved 21 January 2011. 
  6. ^ "BofA combines investment bank divisions". Reuters. 19 April 2011. Retrieved 11 May 2012. 
  7. ^ "BofA Merrill Receives The Banker Magazine’s Top Global Award". Bank of America Merrill Lynch. 7 October 2013. Retrieved 28 October 2013. 
  8. ^ "The Banker's Investment Banking Awards, 2013 – the winners". The Banker. 3 October 2013. Retrieved 28 October 2013. 

External links[edit]

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