Bank of America Merrill Lynch

Definition

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America, providing a wide range of banking and financial services to individuals, small businesses, and large corporations. This includes advisory services for mergers and acquisitions, wealth management, market making in equities and fixed income securities, and services related to the issuance of various securities.

Related terms

Securities: Financial instruments that represent some form of financial value which can be traded on the securities market.

Market Making: The act of providing liquidity to financial markets by buying and selling securities, thereby facilitating smoother transactions between buyers and sellers.

Mergers and Acquisitions (M&A): The process where businesses combine (merger) or one business purchases another (acquisition), often advised by investment banks like Bank of America Merrill Lynch to ensure optimal terms and smooth execution