Previously Confidential BlackRock Solutions Maiden Lane III Counterparty Brief from November 5, 2008.
Tag Archive for Merrill Lynch
Federal Reserve
Restricted Federal Reserve Report: Systemic Risk Exception for Bank of America
Bank of America Corporation (“BAC”), a financial holding company headquartered in Charlotte, NC, is the largest domestic banking institution by asset size, providing commercial and retail banking services and other financial services in the United States and internationally.
Federal Reserve
Restricted Federal Reserve Analysis of Bank of America & Merrill Lynch Merger
Upon consummation of the merger, based on current projections for both firms, the combined entity would have an 8.6% Tier I risk based capital ratio and a Tier 1 leverage ratio of 5.2%. However, the amount of tangible common equity at the combined firms will be among the lowest of the large BHC at 2.2% on day one of the acquisition.