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Thomson Financial Business Description:
| The Group's principal activities are to provide investment, financing, advisory, insurance and related products and services on a global basis. The Group's provides these services through its broker, dealer, banking, insurance and other financial services subsidiaries. The Group operates in three business segments: Global Markets and Investment Banking group, Global Private Client and Merrill Lynch Investment Managers. The principal subsidiary of the Group is Merrill Lynch, Pierce, Fenner & Smith Inc., which provides securities brokerage, option contracts, commodity and financial futures contracts, selected insurance products, options, corporate and municipal securities, investment banking and business advisory services. The Group operates in 40 countries include Europe, Middle East, and Africa, Pacific Rim, Canada and Latin America. On 21-Sep-2007, the Group acquired First Republic Bank. |
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