19 14 Company was renamed Merrill Lynch & Merrill Lynch; The company focuses its business on investment banking.
194 1 became the first company on Wall Street to publish its annual corporate report.
1946, the company established the fund management institute, and is now a financial consulting company.
1955, the annual contracted amount of the company exceeded 10 billion USD.
1960 Opening an office in London.
196 1 opened a representative office in Tokyo.
1973 Company became a securities investment company.
1976 asset management department was established.
1982 set up a regional headquarters in hong kong.
1985 entered the Japanese securities market as the first foreign-funded securities company.
1993 became the first American securities company to open an office in China.
1997 Acquisition of MacIntosh Securities Limited, Australia.
1999 Enter the digital age and start a business on the Internet.
Stanley O 'Neill became CEO in 2002.
In 2006, it acquired First Franklin Financial Company, a subsidiary of National City Bank. This company is mainly engaged in subprime mortgage business.
From June 5438 to October 2007 10, the accumulated losses in mortgage business forced O 'Neill to step down as chairman and CEO.
From June 5438 to February 2007, John Thain, CEO of NYSE Euronext, took over as chairman and CEO of NYSE Euronext.
In the year before June 30, 2008, the company's mortgage-related business lost about $654.38+09 billion. Enterprises began to raise funds from sovereign wealth funds and other investors to sell risky assets.
On September 6, 2008, Merrill Lynch agreed to sell itself to Bank of America for $44 billion.