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Bank of America completes Merrill Lynch merger

Simplifies corporate structure

Bank of America (BAC) announced that is has completed merging its Merrill Lynch & Co. subsidiary into Bank of America Corp.

The merger will have no effect on the Merrill Lynch name, brand, customers or clients.

Additionally, as of Oct. 1, Bank of America assumed all of Merrill Lynch & Co.'s obligations, including its outstanding U.S. and non-U.S. debt securities

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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