Bank of America completes Merrill Lynch merger
Simplifies corporate structure
Bank of America (BAC) announced that is has completed merging its Merrill Lynch & Co. subsidiary into Bank of America Corp.
The merger will have no effect on the Merrill Lynch name, brand, customers or clients.
Additionally, as of Oct. 1, Bank of America assumed all of Merrill Lynch & Co.'s obligations, including its outstanding U.S. and non-U.S. debt securities