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.

Quick facts: Type, Industry, Predecessor, Founded, Headqua...
BofA Securities
TypeDivision
IndustryFinancial services
PredecessorMerrill Lynch & Co.
Banc of America Securities
FoundedJanuary 1, 2009
HeadquartersBank of America Tower
New York City, New York, U.S.
Area served
Worldwide
Key people
Brian T Moynihan (CEO)
Matthew Koder (Head of GCIB)
ProductsInvestment banking
ParentBank of America
Websitewww.bofaml.com
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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.