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Saturday, November 23, 2013

Products and Services

This is an organizational chart depicting select major top subsidiaries of Bank of the States Corporation On September 14, 2008, Bank of the States announced its intentions to purchase Merrill kill & Co., Inc. in an all- parenthood deal value approximately $50 billion. Merrill Lynch was at the time heavy 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 flash ninny of 2007. run allowd by Bank of America: * Checking * attribute card * savings * situation loans Services provided by Merrill Lynch riches Management or U.S. Trust: * framement direction * Wealth vigilance banking * Wealth transfer * hard stock strategies * Tax and estate planning * Trust * Philanthropic management * Retirement serve ups For personal Bank Checking cover, provide a transaction accoun t for bills transfer by cheque. Savings & Certificate of Deposits provide a general rely account Credit card is also a main supporter of Bank of America. In 1958, bank of America introduced the BankAmericard, which changed its name to bear out in 1975.
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