BOA/MERRILL DEAL APPROVED
Futures, Jan 2009
The Federal Reserve Bank has approved Bank of America's (BoA) purchase of Merrill Lynch & Co. Inc. BoA remains the largest depository organization in the United States, with $2.7 trillion in total consolidated assets and control of $882 billion in deposits, which is 11.9% of depository assets in the United States.
Copyright Futures Magazine Group Jan 2009
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