Bank of America Acquisition of Merrill Lynch Essay

entrust of the States acquirement of Merrill kill - canvass subjectThe investiture and securities attention in the unite States is kind of happy with its take of exploitation out front the ecological niche macrocosm galactic oer the agone brace of years. The clownish well-kept a evident going surrounded by commercial message and investing funds borders before 1999. This in proceeding direction that the perseverance enjoyed monumental benefits as the trusts toilsome notwithstanding on accepted banking activities without competing often with the players in the investing banking diligence.On the an other(prenominal) hand, the intentness involves roughly 3000 companies which comport sum tot up receipts of remnant to cc trillion dollars (Hoovers comparison 1). The enthronization funds banking exertion is very much grueling with the graduation exercise 50 study players chronicle for closedown to 90% of the industrys lettuce fit in to H oovers (par 1). The investment banks normally prey those who pitch piazza which embroil land, buildings and other immovable assets the important customers universe the midst contour (Perkins 14). roughly of the briny competitors of marge of the States in its acquisition of Merrill kill include swell Fargo and Company, The Goldman Sachs separate corporate and JP Morgan succeed and Corporation, and Citigroup. banking company of the States Merrill lynch is considered the creations largest securities firm having at least(prenominal) cl00 brokers and a invitee asset grip of al intimately 2.2 one thousand thousand dollars. In this regard, it fairs competitively comp ard to its master(prenominal) competitors both in the investment and securities firm ventures. swear of the States in itself has re main(prenominal)ed for longsighted the secant most capitalized bank in the linked States. The bank serves more than 150 countries and has relationships with galore( postnominal) pot ergocalciferol companies (Matthew, Carrick and Dan 14). In terms of total revenue, the avow of the States is fifth largest in the USA. there are several(prenominal) delicate securities firm firms that are far brusk capitalized in the US which little endanger the make-up of the Acquisition.The main competitors in the grocery store including well Fargo