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Sunday, October 13, 2013

Products and Services

This is an organizational chart depicting select major pass subsidiaries of Bank of the States Corporation On September 14, 2008, Bank of the States announced its intentions to purchase Merrill lynch & Co., Inc. in an all- shopworn deal expenditure approximately $50 billion. Merrill Lynch was at the time rich down days of collapse, and the acquisition effectively saved Merrill from bankruptcy. On November 20, 2006, Schwab announced an agreement to sell U.S. Trust to Bank of the States for US$3.3 billion cash. The deal closed in the fleck ninny of 2007. service allowd by Bank of America: * Checking * denotation tease * savings * situation loans Services provided by Merrill Lynch wealth Management or U.S. Trust: * garbment counsel * Wealth focal point banking * Wealth transfer * hard stock strategies * Tax and estate planning * Trust * Philanthropic management * Retirement serve ups For personal Bank Checking business relationship, provi de a transaction account for capital transfer by cheque. Savings & Certificate of Deposits provide a general rely account Credit card is also a main work of Bank of America. In 1958, bank of America introduced the BankAmericard, which changed its name to license in 1975.
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