Bank of America : Subsidiary Information Factsheet (MLI Fact Sheet Jun 2025 ADA

Published: 2025-06-30 11:21:13 ET BAC

Published on 06/30/2025 at 11:21

Overview and Structure

MLI's principal activities are to provide a wide range of financial services to international clients in Europe, the Middle East and Africa, Asia Pacific and the Americas, to act as a broker dealer in financial instruments and to provide corporate finance advisory services. MLI also provides a number of post trade related services to third party clients, including settlement and clearing services

Merrill Lynch International is headquartered in the United Kingdom

Legal Entity name is Merrill Lynch International

Company Number: 2312079

Registered Office Address: King Edward Street, London, EC1A 1HQ, United Kingdom

Telephone number: +44 (0) 20 7628 1000

Official Website address: https://about.bankofamerica.com

GIIN Number: CCR4YT.00001.ME.826

Foreign TIN: 268 93510 13503; US TIN: 13-3779485

VAT: GB245122493

LEI: GGDZP1UYGU9STUHRDP48

Confirmation of LEI can be found at the Global Legal Entity Identifier website

Date of Incorporation/Registration is 2 November 1988

For more information regarding registration, please visit the Companies House website

MLI is authorised by the Prudential Regulation Authority ('PRA') and regulated by both the PRA and the Financial

Conduct Authority ('FCA')

MLI is a subsidiary of BofAML Jersey Holdings Limited (19.9% shareholding) and BofAML EMEA Holdings 2 Limited (80.1%) both incorporated in Jersey, and the ultimate parent of MLI and controlling party is Bank of America Corporation (BAC); organised and existing under the laws of the State of Delaware in the United States of America; which is listed on the New York Stock Exchange

BAC Registered Office: 1209 Orange Street - Corporation Trust Center, Wilmington DE 19801, United States

BAC Principal Executive Offices: Bank of America Corporate Center, 100 North Tryon Street, Charlotte, North Carolina 28255, United States

Bank of America Corporation is listed on the NYSE (ticker = BAC)

‌NB Holdings Corporation

Bank of America Corporation

BofAML Jersey Holdings Limited

Merrill Lynch International

19.9%

80.1%

BofAML EMEA Holdings 2 Limited

MLI Board Structure

Ultimate Beneficial Owner

Bank of America Ownership Structure for Merrill Lynch International

There is no natural person who holds 25% or more in MLI or any other company in the chain of ownership up to Bank of America Corporation

Merrill Lynch International Directors

Appointed

15/06/2015

22/09/2022

04/06/2018

Non-Executive Director

17/05/2017

Non-Executive Director

03/08/2017

Non-Executive Director

10/03/2020

Non-Executive Director

05/04/2024

Non-Executive Director

Bernard Mensah

Martina Slowey

Pierre de Weck (Chairman)

Richard Keys

Rosemary Thorne

Tom Woods

Clare Francis

Senior Managers

Review the "Individuals" on the FCA Financial Services Register

Authorised Signers

MLI does not maintain an authorised signatory list. MLI has an authorised signatory policy (the "Policy") and individuals may be authorised to sign on behalf of MLI if they meet certain criteria under the Policy or if they are granted a Power of Attorney in accordance with the Policy

($ billions)

Financial Performance - for the year ended 31 December 2024



(UK GAAP in $ billions)







Broker and dealer in equities and fixed income, currency and

commodities financial instruments

Investment banking advisory and underwriting services Post trade related services

Equity and fixed income research

Profit

before tax

Revenue

$6.6

Expenses

Credit Ratings can be found on the Investor Relations website

Source: MLI 2024 Financial Statements

Financial Position - as of 31 December 2024

$5.4

$1.3

Balance Sheet Composition

(UK GAAP in $ billions)

Current

Assets

Current

Liabilities

Source: MLI 2024 Financial Statements

Market Access

$334

$393

Capital Adequacy and Leverage metrics

MLI has the ability to trade with international clients on various exchanges and trading facilities either via direct membership to those trading venues, or via membership of other affiliated legal entities (e.g. France, Spain, Saudi Arabia, Turkey, South Africa), or via third party brokers (e.g. Dubai, Qatar, Hungary, Czech Republic).

Examples of venues that MLI has access to, includes but is not limited to:

Austria (Wiener Börse)

Multi-Lateral Trading Facilities

Aquis Exchange

Cboe Europe

Equiduct

ITG POSIT

Turquoise

Various MTS facilities including Euro MTS, MTS Germany, MTS France, etc.

Netherlands (Euronext

Belgium (Euronext Brussels)

Denmark (Nasdaq OMX Copenhagen)

Finland (Nasdaq OMX Helsinki)

France (Euronext Paris)

Germany (Deutsche Börse)

Greece (Athens Stock Exhange)

Ireland (Euronext Dublin)

Israel (Tel-Aviv Stock Exchange)

Italy (Borsa Italiana)

Amsterdam)

Norway (Oslo Børs)

Poland (Warsaw Stock Exchange)

Portugal (Euronext Lisbon)

Sweden (Nasdaq OMX Stockholm)

Switzerland (SWX Swiss Exchange)

Systematic Internalisers

BofA's own systematic internaliser

Virtu Financial

Tower Research

UK (London Stock Exchange, London Metal Exchange)

Derivatives exchanges incl. Eurex, ICE Futures Europe, MEFF and Euronext

Additional Information & Resources

MIFID II - Markets in Financial Instruments Directive

The revised Markets in Financial Instruments Directive and associated Regulation (together, "MiFID II") are EU financial markets legislation that took effect from 3 January, 2018. They have subsequently been 'onshored' to the UK, via a combination of legislation made by HM Treasury and rules contained in the FCA Handbook and the PRA Rulebook. By accessing this link: MiFID II Key Information - you will find key documentation, useful links to external resources, along with contact details should you require additional information on MiFID II, including:

General Terms & Conditions of Business for Professional Clients and Eligible Counterparties.

BofA EMEA Order Execution Policy Summary

BofA Inducements Policy Summary

Systematic Internaliser Disclosures Document

BofA EMEA Conflicts of Interest Policy

BofA EMEA Allocation and Distribution Policy

Code of Conduct Disclosure can be found on Code of Conduct website

To obtain the following documents please visit the AML section which can be found in the Governance Library on the Governance tab on the BAC Investor Relations Website

Financial Crimes Enterprise Policy Statement

Bank of America AML and Economic Sanctions Compliance Program Letter

Bank of America AML Questionnaire

Bank of America Patriot Act Certification

Certificate of Incorporation, Bylaws, Corporate Governance Guidelines, Nomination of Directors and, Stockholder Proposals can be found on the Corporate Governance website

For further information please visit the Investor Relations website: Investor Relations Website

The information contained on this Factsheet is provided for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities. The financial and other information that may be accessed on this Factsheet speaks only as of the particular dates referenced in the information or the dates the information was originally issued. This information may have since become superseded as a result of later circumstances or events. None of MLI or its affiliates undertakes any obligation to, and each disclaims any duty to, update this information. The information in the factsheet reflects the entity as at 3 June 2025

Disclaimer

Bank of America Corporation published this content on June 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 30, 2025 at 15:20 UTC.