Who Bank of America buys from and sells to
Second-largest US bank: consumer deposits, Merrill wealth management, corporate and investment banking.
Buys from 3
Sells to 2
- US householdsdeposits, cards, mortgages and Merrill accounts
- Corporationslending, treasury services and underwriting
Where the chain could break
- Large held-to-maturity bond book bought at low rates weighs on net interest income
- Net interest income moves with Fed rates and deposit pricing
- Capital rules (Basel endgame, G-SIB surcharge) cap buybacks
Competes with
- JPMorganJPMconsumer deposits and corporate banking
- Wells FargoWFCUS consumer and commercial banking
- Morgan StanleyMSadvisor-led wealth management, against Merrill
Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.