Banc of America Securities Company Description
Banc of America Securities makes its marc as the investment banking arm of Bank of America. The subsidiary, along with its UK affiliate Banc of America Securities Limited, offers trading and brokerage services; securities underwriting; debt and equity research; and advice on public offerings, leveraged buyouts, and mergers and acquisitions. Specialty units focus on commission management, derivatives, securitization, and other services. Banc of America Securities' client list includes corporations (including many Fortune 500 firms), institutional investors, and government entities. Bank of America acquired troubled investment bank Merrill Lynch for some $50 billion in early 2009.
View the Comprehensive Company Description for Banc of America Securities
The Company Description provides a historical perspective of Banc of America Securities's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Banc of America Securities's evolution in the marketplace.
