Bank of America is an American financial services and banking corporation. Bank of America provides a broad spectrum of services, including retail and private banking, asset management, corporate banking, investment banking and insurance. In January 2019, the assets and liabilities of Bank of America Merrill Lynch International Limited were tranferred to Bank of America Merrill Lynch International DAC (Ireland).
In 2017, Bank of America Merrill Lynch International Limited achieved the position of 25th largest bank in the United Kingdom with a market share of 0.29%; its total assets grew by 14.80%.
Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Bank of America Merrill Lynch International Limited.
Bank of America Merrill Lynch International Limited ranked as the 25th largest bank in the United Kingdom by total assets. In 2017 its total assets were 34,826.00 mln USD, representing a 0.29% market share. In 2017 the bank's annual profit was 224.00 mln USD.
Bank of America Merrill Lynch International Limited is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A (high credit quality).
Bank of America Merrill Lynch International Limited protects deposits up to up to 85,000 GBP per depositor through the United Kingdom's deposit guarantee scheme. The scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies. The bank participates in the Financial Services Compensation Scheme (FSCS), making regular contributions into it.
Bank of America Merrill Lynch International Limited was headquartered in London.
Bank of America Merrill Lynch International Limited was authorized and supervised by the Financial Conduct Authority (reference number 124509).