Bank of America Corp. says its online banking service was down for about four hours but service has been restored.
Bank of America Online Banking Sign In Issues – It appears Bank Of America Online was/is having some technical difficulties today August 27th 2010.
The site was down for users living in states like Maryland, Michigan and California but is up running again but at a very slow pace.
However we are now learning that the website is still out of service for many who reside in America.
Bank of America Corp.'s (BAC) legacy financial advisers are making the transition to Merrill Lynch's more expansive brokerage platform.
BAI advisers began moving in to Merrill Lynch's offices in the fourth quarter of last year. Integrating the two adviser groups goes along with efforts to cross-sell banking and brokerage products to clients.
The company also brought over bankers to the Merrill branches, called wealth-management bankers, to facilitate banking needs and client referrals from the banks.
The move to a consolidated banking and brokerage platform has already been available to legacy Merrill Lynch brokers. The full turn-around on the integration will come to less than two years post-acquisition, which is considered fairly quick for a deal of this size.