Major Financial Institutions

Investment Banks

The United States is home to some of the world's largest investment banks, providing crucial financial services to corporations and investors.

Spotlight: Merrill Lynch

Merrill Lynch, now part of Bank of America Corporation, has been a cornerstone of American financial services since 1914. Known as "Merrill," the company:

  • Serves millions of clients through investment management and wealth management services
  • Provides comprehensive financial planning and advisory services
  • Operates one of the largest broker networks in the United States
  • Pioneered many modern investment practices and technologies

Commercial Banks

Major commercial banks form the backbone of the US financial system, providing essential services to businesses and individuals: