10 Comments
 

OK. But people who worked in IB before the merger, worked at ML, didn't they? That's what I meant with "the IBD of BAML"... Cause some of my interviewers refered to the place as Merrill Lynch only and in the contract it says "Merrill Lynch International" as the employer.

 

Both Bank of America and Merrill Lynch had IB before 2008. Merrill was more prestigious, particularly in WM, which is why the name was kept for WM. 7 years later, some people at Merrill before the merger are still not willing to embrace the fact that they got absorbed by a "lesser" bank.

Everyone in the industry refers to it as BAML but internally it's Bank of America Merrill Lynch. If writing an email / cover letter, write out the entire name.

 

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