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The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. [11] A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co. [12] At that time, the firm's name included a comma between Merrill and Lynch, which was dropped in 1938. [13]
On October 23, 2001, about two dozen senior executives of Merrill Lynch began returning to their offices on a limited number of floors within the building, making it the first tower in the four-tower complex to be reoccupied after the attacks. [1] The structure was renamed 250 Vesey Street when the complex became Brookfield Place in 2014. [2]
Merrill Lynch & Co., formally Merrill Lynch, Pierce, Fenner & Smith Incorporated, was a publicly-traded American investment bank that existed independently from 1914 until January 2009 before being acquired by Bank of America and rolled into BofA Securities. The firm engaged in prime brokerage and broker-dealer activities and was headquartered ...
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 ...
acquired by White Weld & Co in 1974 and ultimately part of Merrill Lynch: Giuliani Capital Advisors: the investment banking division of Giuliani Partners was sold to Macquarie Group in 2007 Goodbody & Co. merged into Merrill Lynch in 1970 Gruntal & Co. acquired by Ryan Beck & Co. in 2002 H.B. Hollins & Co. liquidated in 1913 Halsey, Stuart & Co.
Merrill Edge is an electronic trading platform and investment advisory service that provides self-directed and guided investment options for individuals and businesses. It is a subsidiary of Bank of America and was launched in 2010 after the merger between Merrill Lynch and Bank of America. Merrill Edge offers a wide range of investment ...
William Schreyer. William Allen Schreyer (January 13, 1928 – January 22, 2011) was chairman emeritus and former CEO of Merrill Lynch & Co., where he worked for 45 years total, eight of them as chairman and CEO. He was also a noted philanthropist and served as former president of Pennsylvania State University 's Board of Trustees.
The first non-U.S. prime brokerage business was created by Merrill Lynch's London office in the late 1980s. After the financial crisis of 2007–2008, new entrants came to the market with custody-based prime brokerage offerings. [2]