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After the sale to the consortium led by Merrill Lynch, Lomas Bankers Corp. was renamed First USA, Inc. and Lomas Bank USA was renamed First USA Bank. At the time of the Merrill Lynch acquisition in 1989, Lomas Bankers/First USA was the 11th-largest issuer of credit cards in the nation. In 1992, First USA reduced some of its debt by going public.
Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities , the investment banking arm, both firms engage in prime brokerage and broker-dealer activities.
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 ...
Richard Adams Cordray (born May 3, 1959) is an American lawyer and politician who is the outgoing COO of Federal Student Aid in the United States Department of Education. He served as the first director of the Consumer Financial Protection Bureau (CFPB) from 2012 to 2017. Before that, Cordray variously served as Ohio 's attorney general ...
Investment banker, stockbroker, financier. Gregory Franks (born August 7, 1958) is an American wealth management executive and private investor. He spent twenty-eight years at Merrill Lynch in senior leadership positions in the United States, Europe, and the Middle East. He currently serves as president and managing partner of Snowden Lane ...
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 ...
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