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Bank of America Merrill Lynch International Bank Designated Activity Company

Irish designated activity company and subsidiary through which Bank of America conducts corporate and investment banking in Europe, the Middle East and Africa.

Last updated September 26, 2026

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Overview

Bank of America Merrill Lynch International Bank Designated Activity Company (often shortened to BofA Merrill Lynch International Bank DAC) is an Irish-incorporated banking subsidiary of Bank of America Corporation. It forms part of the group's international platform, providing corporate and investment banking services — including lending, capital raising, treasury and trade solutions, and sales and trading — to corporate and institutional clients, principally across Europe, the Middle East and Africa (EMEA). The entity is a designated activity company (DAC), a form of Irish private company limited by shares that is commonly used by financial institutions operating in or through Ireland. The bank sits within the broader Bank of America group, whose global corporate and investment banking business is marketed under the Bank of America and BofA Securities brands. Bank of America describes itself as the largest U.S. commercial and industrial lender and as having one of the top market-making and investment banking platforms, serving 95% of the U.S. Fortune 1,000 companies and 78% of the Global Fortune 500 companies. The group operates in more than 35 countries and provides access to more than 140 currencies. The Irish DAC is one of the legal vehicles through which that global network is delivered to EMEA clients. As a subsidiary, the entity is not separately listed; its ultimate parent, Bank of America Corporation, is publicly traded. The Irish DAC's activities are closely tied to the group's EMEA strategy, including its presence in financial centres such as Dublin and London. The bank's services typically include corporate banking, investment banking, global markets (fixed income, currencies and equities), and treasury and payments solutions. Because the entity is a legal subsidiary rather than a consumer-facing brand, public information about it is relatively limited compared with the Bank of America master brand. Its identity is nonetheless important for regulatory and client-facing purposes in the EMEA region, where it may act as the contracting entity for certain products and services. The official EMEA website for Bank of America and BofA Securities is https://www.bofaml.com/emea.

History

Bank of America Merrill Lynch International Bank Designated Activity Company is an Irish-incorporated banking entity within Bank of America Corporation. Its history is intertwined with the global expansion of Bank of America and its Merrill Lynch franchise. Bank of America acquired Merrill Lynch in 2009, creating a combined corporate and investment banking platform that operates worldwide under the Bank of America and BofA Securities brands. The Irish DAC was established as part of the group's European legal entity structure, allowing it to conduct banking business through an Irish designated activity company. The entity's precise founding date is not provided in the available evidence. However, its existence reflects the broader trend of international banks establishing Irish subsidiaries to serve European clients, particularly following the United Kingdom's decision to leave the European Union. Ireland has become a significant hub for banking and financial services within the EU, and Bank of America has maintained a presence in Dublin for many years. Bank of America's corporate and investment banking business serves a global client base. According to the company, it works with 95% of the U.S. Fortune 1,000 companies and 78% of the Global Fortune 500 companies. It has offices in more than 35 countries and provides access to more than 140 currencies. The Irish DAC is one of the legal entities through which these services are delivered to clients in Europe, the Middle East and Africa. The bank's activities are part of Bank of America's Responsible Growth strategy, which emphasises serving clients, operating efficiently and investing in communities. While the Irish DAC itself does not have a separate public history, its role is to support the group's EMEA franchise, including corporate lending, capital markets, treasury and trade finance. The official EMEA website for Bank of America and BofA Securities is https://www.bofaml.com/emea.

Products and positioning

Irish subsidiary of Bank of America providing corporate and investment banking services to institutional clients in EMEA.

Product categories. Corporate banking · Investment banking · Treasury and trade solutions · Sales and trading · Fixed income, currencies and equities · Payments

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