BofA Securities

BofA Securities, Inc.
Company typeDivision
IndustryFinancial services
Predecessors
FoundedJanuary 1, 2009; 15 years ago (2009-01-01)
HeadquartersBank of America Tower (New York City, U.S.)
Area served
Worldwide
Key people
Brian T Moynihan (CEO)
ProductsInvestment banking
ParentBank of America
Websitewww.bofaml.com

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.

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.

  1. ^ Ensign, Rachel Louise (February 25, 2019). "Bank of America to Drop Merrill Lynch Name From Some Businesses". Wall Street Journal. ISSN 0099-9660. Retrieved February 25, 2019.