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Old July 25th, 2016, 04:59 PM
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Join Date: Apr 2013
Default Re: Merrill Lynch and Bank of America

Bank of America Merrill Lynch is the corporate and venture managing an account division of Bank of America. It gives administrations in mergers and acquisitions, value and obligation capital markets, loaning, exchanging, hazard administration, exploration, and liquidity and installments administration. It was framed through the mix of the corporate and venture keeping money exercises of Bank of America and Merrill Lynch taking after the securing of the last by the previous in January 2009.

History

Bank of America finished the obtaining of Merrill Lynch and Co on 1 January 2009. Bank of America started re-branding the greater part of its corporate and speculation managing an account exercises under the Bank of America Merrill Lynch name in September 2009.

In April 2010, Bank of America Merrill Lynch selected Christian Meissner as head of speculation managing an account for Europe, Middle East and Africa.

In April 2011, Bank of America Merrill Lynch incorporated its corporate and speculation managing an account operations into a solitary division.

In October 2013, Bank of America Merrill Lynch was perceived as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards

Operations

Bank of America Merrill Lynch is composed inside four geographic divisions: Asia Pacific; Europe, Middle East and Africa; Latin America and U.S. and Canada

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



Market share

Bank of America Merrill Lynch accomplished the second-most astounding incomes of any speculation bank worldwide in 2010, with a worldwide piece of the overall industry of 6.8 for each penny. In that year it accomplished the most astounding incomes of any speculation bank worldwide in both utilized credits and resource sponsored securities.

In 2011, Bank of America Merrill Lynch again accomplished the second-most astounding incomes of any speculation bank around the world (after J.P. Morgan and Co.), with a worldwide piece of the overall industry of 7.4 for every cent
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