The traditional business of banking may not be a viable model under current monetary and regulatory policies (Calomiris 2017). (alt-m.org)
The primary business of a bank is managing the spread between deposits (liabilities, loans and assets). (investopedia.com)
«Bank of America Merrill Lynch» is the marketing name for the global banking and global markets businesses of Bank of America Corporation («BAC»). (bofaml.com)