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Bank of America Merrill Lynch's Overview

Total employees17298
HeadquartersCharlotte
Founded

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and risk management products and services. The company acquired Merrill Lynch in 2009, significantly expanding its wealth management, investment banking, and trading capabilities. Today, 'Merrill' operates as Bank of America's wealth management division, while investment banking activities are largely under 'BofA Securities'. The combined entity provides services globally, building on the strengths and legacies of both organizations.

Where is Bank of America Merrill Lynch's Headquarters?

HQ Function

Serves as the global corporate headquarters, housing key executive leadership and central operational functions for Bank of America, including strategic planning, finance, risk management, and legal departments.

Notable Features:

The Bank of America Corporate Center is an iconic 871-foot skyscraper dominating the Charlotte skyline, featuring a distinctive crown-like top and modern architectural design. It includes extensive office space and advanced technological infrastructure.

Work Culture:

Characterized by a professional, results-driven corporate environment focused on financial services excellence, client satisfaction, and robust risk management. The culture emphasizes teamwork, innovation in financial technology, diversity and inclusion, and active community involvement.

HQ Significance:

The headquarters symbolizes Bank of America's status as a premier global financial institution. Its location in Charlotte highlights the city's role as a major U.S. financial center, second only to New York City in banking assets.

Values Reflected in HQ: The building's imposing scale and sophisticated design reflect stability, strength, global reach, and a commitment to leadership in the financial industry. Modern amenities and sustainable features also mirror a focus on employee well-being and corporate responsibility.

Location:

Bank of America operates in over 35 countries, providing a comprehensive suite of financial services. Key functions supported globally include corporate and investment banking (BofA Securities), global markets (sales and trading), wealth management (Merrill and Bank of America Private Bank), commercial banking, consumer banking (primarily in the U.S.), research, and extensive technology and operations support to serve clients worldwide.

Street Address:

100 North Tryon Street

City:

Charlotte

State/Province:

North Carolina

Country:

USA

Bank of America Merrill Lynch's Global Presence

New York, New York, USA

Address: One Bryant Park, New York, NY 10036

Serves as a critical center for U.S. Northeast operations and a gateway for global financial market activities, connecting clients with diverse financial solutions and market expertise.

London, United Kingdom

Address: 2 King Edward Street, London, EC1A 1HQ, UK

Acts as the central point for managing European and Middle Eastern business, facilitating client access to global markets, and navigating the complex regional regulatory and economic landscape.

Hong Kong, SAR

Address: Cheung Kong Center, 2 Queen's Road Central, Central, Hong Kong

Functions as a strategic center for capturing growth opportunities in Asia-Pacific, serving multinational corporations, institutional investors, and high-net-worth individuals in the region.

Buying Intent Signals for Bank of America Merrill Lynch

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Bank of America Merrill Lynch

As of April 2025, Bank of America Merrill Lynch' leadership includes:

Brian T. Moynihan - Chair of the Board and Chief Executive Officer
Alastair Borthwick - Chief Financial Officer
Dean Athanasia - President, Regional Banking
Catherine P. Bessant - Vice Chair, Global Strategy
Matthew Koder - Head of Global Corporate & Investment Banking
Andy Sieg - President, Merrill Wealth Management

Investors of Bank of America Merrill Lynch

Bank of America Merrill Lynch has been backed by several prominent investors over the years, including:

Berkshire Hathaway Inc.
Vanguard Group, Inc.
BlackRock Inc.
State Street Corporation
Fidelity Management & Research Company (FMR Co.)

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits1

Bank of America has experienced several strategic leadership adjustments in the past 12 months, including key appointments to head major divisions like Retail Banking and Global Commercial Banking, alongside planned retirements of long-serving executives. These changes reflect the bank's ongoing efforts to align its leadership with evolving strategic priorities and market dynamics.

Departures

Thong M. Nguyen, Thong M. Nguyen retired from Bank of America at the end of the first quarter of 2024. His retirement was announced in October 2023.

New Appointments:

Wendy Stewart, Wendy Stewart was appointed as President of Global Commercial Banking, a division serving mid-sized to large U.S.-based companies.
Holly O’Neill, Holly O’Neill was named President of Retail Banking, responsible for the bank's coast-to-coast network of financial centers and ATMs, and its digital banking platforms.

Technology (Tech Stack) used by Bank of America Merrill Lynch

Discover the tools Bank of America Merrill Lynch uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Bank of America Merrill Lynch Email Formats and Examples

Bank of America commonly utilizes standardized email formats for its employees, typically incorporating the employee's first and last name. While variations may exist, a prevalent structure facilitates internal and external communication.

[first].[last]@bofa.com

Format

jane.doe@bofa.com

Example

80%

Success rate

News and media

ReutersApril 16, 2024

Bank of America profit beats estimates as interest income masks lending weakness

Bank of America reported a first-quarter profit that surpassed Wall Street estimates, driven by higher income from interest payments. However, the bank also saw a decline in lending in some areas and set aside more funds for potentially soured loans....more

Bank of America NewsroomFebruary 27, 2024

Bank of America Directed $40.5 Billion in Capital to Advance Racial Equality and Economic Opportunity in 2023

Bank of America announced it directed $40.5 billion in capital in 2023 towards its five-year, $1.25 trillion commitment to advance racial equality and economic opportunity. This includes investments in affordable housing, small businesses, and community development financial institutions....more

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