Credit Ratings for Bank of America and Selected Legal Entities
as of January 19, 2016
Credit ratings and outlooks are opinions subject to ongoing review by the rating agencies and may change from time to time based on Bank of America's financial performance, industry dynamics, and other factors.
Bank of America Corporation
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch International
Bank of America Merrill Lynch International Limited
Bank of America California, N.A.
BAC Canada Finance Company
Merrill Lynch & Co., Canada Ltd.
Merrill Lynch Japan Finance GK
Merrill Lynch Japan Securities Co., Ltd.
Merrill Lynch Bank and Trust Company (Cayman) Limited
Merrill Lynch International Bank Limited
Bank of America Mexico, S.A., Institucion de Banca Multiple
Merrill Lynch Mexico, S.A. de C.V., Casa de Bolsa
Bank of America Merrill Lynch Banco Múltiplo S.A.
DSP Merrill Lynch Capital Limited
DSP Merrill Lynch Limited
Merrill Lynch Derivative Products AG
(1) The current S&P outlook for subordinated debt of Bank of America, N.A. is stable.
(2) The S&P short-term ratings for these entities are not on CreditWatch.