Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

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Subsequent Events
6 Months Ended
Jun. 30, 2012
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
Note 17.
Subsequent Event

U.K. Corporate Income Tax Rate Change

On July 17, 2012, the U.K. 2012 Finance Bill was enacted, which reduced the U.K. corporate income tax rate by 2 percent to 23%. This reduction favorably affects income tax expense on future U.K. earnings, but will also require Merrill Lynch to remeasure its U.K. net deferred tax assets using the lower tax rates. In the third quarter of 2012, Merrill Lynch will record a charge to income tax expense of approximately $800 million for the remeasurement.