BofA Securities
American multinational investment bank / From Wikipedia, the free encyclopedia
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BofA Securities, Inc.,[1] previously Bank of America Merrill Lynch (BAML), is an American multinational investment banking division under the auspices of Bank of America. It is not to be confused with Merrill, the stock brokerage and trading platform subsidiary of Bank of America.
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![]() Bank of America Tower, the global headquarters of BofA Securities | |
Type | Division |
---|---|
Industry | Financial services |
Predecessor | Merrill Lynch & Co. Banc of America Securities |
Founded | January 1, 2009 |
Headquarters | Bank of America Tower New York City, New York, U.S. |
Area served | Worldwide |
Key people | Brian T Moynihan (CEO) Matthew Koder (Head of GCIB) |
Products | Investment banking |
Parent | Bank of America |
Website | www |
It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch & Co. following the acquisition of the latter by the former in January 2009.