Bank of America May Merge Merrill Lynch With Parent

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Can be combined with merrill lynch bank subsidiaries with the parent company, part of an effort to streamline its organization and to reduce costs, merrill lynch, said in a regulatory document on August 2. May in the fourth quarter as soon as possible. Purchase of merrill lynch, in 2009 began, Bank of America (Bank of America) to operate an affiliated company. The document said, but with its parent full merger will lead to bank of America merrill lynch obligations and liabilities. Article tools Facebook save twittering E-mail Google print Shared Permanent link It also makes the life of the enterprise simple company, by reducing the number of legal entities and regulatory agencies for the record. For the past four and a half years, submitted quarterly and annual report by merrill lynch and Bank of America (Bank of America). With the merger, it will stop. Most outsiders, corporate restructuring will not be obvious. The company has its retail brokerage and investment banking had no plans to retire the merrill lynch brand. "Jerome

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