when did bank of america buys merrill lynch
Merrill Lynch The firm has its origins in Merrill Lynch & Co., Inc. which, prior to 2009, was publicly owned and traded on the New York Stock Exchange under the ticker symbol MER. Merrill Lynch & Co. agreed to be acquired by Bank of America on September 14, 2008, at the height of the 2008 Financial Crisis.[3] The acquisition was completed in January 2009[4] and Merrill Lynch & Co., Inc. was merged into Bank of America Corporation in October 2013, although certain Bank of America subsidiaries continue to carry the Merrill Lynch name, including the broker-dealer Merrill Lynch, Pierce, Fenner & Smith.[5][6]
Brian Moynihan Brian Thomas Moynihan (born October 9, 1959) is an American lawyer, businessman and the chairman and CEO of Bank of America. He joined the board of directors, following his promotion to president and CEO.[3][4][5]