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Bank of America is downgrading. and will also drop the “Lynch” part of the name from its private wealth management division, the bank said Monday. Only Merrill Lynch Wealth Management, the more.
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While Bank of America will keep the Merrill Lynch brand for its retail brokerage and investment bank, the Charlotte, North Carolina-based company plans to dissolve the subsidiary as early as the fourth quarter, according to an Aug. 2 filing.
Bank of America Merrill Lynch is the leading provider of treasury management, liquidity management, global trade solutions and reporting services through the Global Product Solutions unit. Our clients include small businesses, middle-market and large corporations, financial institutions and governments.
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"Bank of America Merrill Lynch" is the marketing name for the global banking and global markets business 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.
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Bank of America Corp is dropping the "Merrill Lynch" name from most of its businesses including its investment bank unit, the lender said on Monday. The bank will rename its wealth management business.
TULSA, Okla.–(BUSINESS WIRE)–Unit corporation (nyse: unt) announced today that it will present at the Bank of America Merrill Lynch 2018 Energy Credit Conference in New York, New York on Wednesday,
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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.