Merrill Lynch & Co.
| Company type | Public company |
|---|---|
| NYSE: MER | |
| Industry | Financial services |
| Founded | January 6, 1914 |
| Founders | Edmund C. Lynch Charles E. Merrill |
| Defunct | October 2013 |
| Fate | Acquired by and merged into Bank of America |
| Headquarters | 250 Vesey Street New York City, New York, U.S. |
Area served | Worldwide |
| Services | Investment management, investment banking, financial services |
| Revenue | US$13.8 billion (2012) |
Number of employees | 15,100 (Financial Advisors as of 2010) |
| Website | Archives of ML.com |
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 in New York City, occupying the entire 34 stories of 250 Vesey Street. The company agreed to be acquired by Bank of America on September 14, 2008, at the height of the 2008 financial crisis, the same weekend that Lehman Brothers was allowed to fail. The acquisition was completed in January 2009 and Merrill Lynch & Co., Inc. was merged into Bank of America Corporation in October 2013.