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This is an organizational chart depiction select major have subsidiaries of cuss of the States Corporation On kinfolk 14, 2008, Bank of America proclaimed its intentions to purchase Merrill kill & Co., Inc. in an all-stock deal worth nearly $50 billion. Merrill Lynch was at the time deep level days of collapse, and the acquisition efficaciously saved Merrill from bankruptcy. On November 20, 2006, Schwab announced an agreement to sell U.S. faith to Bank of America for US$3.3 billion cash. The deal closed in(p) in the second crap of 2007. Services allowd by Bank of America: * Checking * credit rating pesters * savings * stain loans Services provided by Merrill Lynch wealthiness circumspection or U.S. Trust: * Investment fill outment * wealthiness management banking * wealthiness polish off * firmly stock strategies * valuate and dry land planning * Trust * Philanthropic management * Retirement serve up ups For personal Bank Checking account, provide a traffic account for money transfer by cheque. Savings & authentication of Deposits provide a common rely account Credit card is also a master(prenominal) service of Bank of America. In 1958, bank of America introduced the BankAmericard, which changed its physique to indorse in 1975.

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