What BofA Securities does

BofA Securities is the investment banking and markets division of Bank of America Corporation (NYSE: BAC), operating through BofA Securities, Inc., a registered broker-dealer and SIPC member. The division delivers corporate banking, investment banking, advisory, and trading services to institutional investors (asset managers, hedge funds, pensions, insurance companies), large multinational corporates (>$2B revenue), middle-market companies ($50M-$2B), and select capital markets issuers. Core products include CashPro (digital corporate banking and treasury platform), BofA Global Research (award-winning market intelligence), Global Markets (institutional trading across equities, FX, fixed income, and derivatives), Global Payments Solutions (cross-border payments, trade and supply chain finance), BofA Mercury (trading optimization), and Instinct FX (AI-curated FX trading). Add-on modules such as ExpressView, Global Card Access, and Business Advantage 360 extend the platform into account management, commercial card, and small-business banking.

Revenue mechanics are not separately disclosed for the division. At the consolidated parent level, Bank of America generates revenue across net interest income and non-interest income (trading, underwriting and advisory fees, asset management, card income). BofA Securities contributes via underwriting and advisory fees on equity, debt, and M&A transactions, trading and market-making revenue, lending/structured finance fees, and platform subscription/treasury services to corporate clients. Go-to-market is relationship-driven: coverage bankers and dedicated relationship managers engage enterprise and institutional clients, supported by global research distribution, the Global Research Unlocked podcast, and event-based sponsorship (notably the FIFA World Cup 2026). The firm operates across 25+ countries spanning North America, EMEA, Asia Pacific, and Latin America, with distribution, underwriting, and direct institutional sales as primary channels.

Name

BofA Securities

Legal name

BofA Securities, Inc.

Website

https://bofaml.com

Company type

Public

Founded year

1904

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

BofA Securities is the investment banking and markets division of Bank of America Corporation, delivering underwriting, M&A advisory, trading, and corporate banking services to institutional investors and multinational corporations globally.

Ownership category

akta.pro rank

Product category

Investment Banking & Capital Markets

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Depository Credit Intermediation (5221), Finance and Insurance (52), Commercial Banking (52211)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199), Asset-Backed Securities (6189)

akta.pro primary industry

Stock Borrow/Loan (Equities Securities Lending) (FSACAFAD)

akta.pro secondary industries

Margin Lending & Equity Financing (FSACAFAC), Money Markets & Short-Term Funding (T-Bills, CP, CDs) (FSACAEAG), Leveraged Finance & Loan Credit (Loans/Lev Loans/Loan CLOs) (FSAHAGAI), High-Yield Corporate Credit (FSAAAHAC)

Keywords

• Investment banking services
• Capital markets underwriting
• Equities and fixed income trading
• Corporate treasury management
• Global financial research

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Distribution channels3 records

Marketing channels5 records

Core offering

BofA Securities operates as the investment banking and markets division of Bank of America Corporation, providing equity and debt underwriting, M&A advisory, institutional trading and market making across equities, fixed income, FX, and derivatives, corporate treasury and payments solutions, and proprietary investment research to institutional investors, multinational corporations, and governments globally.

Product overview

BofA Securities operates as the investment banking and markets division of Bank of America Corporation, offering a comprehensive suite of financial products and services through a platform-plus-modules architecture. The core offerings include CashPro (digital banking platform), BofA Global Research (market research), Global Markets (institutional trading), and Global Payments Solutions (treasury services), supplemented by specialized tools like BofA Mercury (trading platform), ExpressView (account management), and Business Advantage 360 (small business banking). The company serves diverse segments from small businesses to large multinational corporations through integrated commercial banking, corporate banking, and investment banking services.

Differentiator

Problem solved

Functional benefit

Brands

• BofA Global Research: Award-winning analysts providing insightful, objective and in-depth research to help make informed investing decisions.
• CashPro
• BofA Mercury
• Instinct FX

Products and services

• CashPro

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Goldman Sachs: Goldman Sachs is a leading global investment bank and securities firm with strengths in M&A advisory, equity and debt underwriting, and trading. It is a direct bulge-bracket peer to BofA Securities and the two co-bid on marquee mandates such as the SK Hynix ADR and Constellation Brands notes offering.
• J.P. Morgan: J.P. Morgan's investment banking division is the largest US-based franchise by deal volume, spanning M&A, equity and debt underwriting, leveraged finance, and institutional trading. It is a direct peer to BofA Securities and co-led several of the same 2026 mandates (SK Hynix ADR, Republic Services, Extra Space Storage, Definium Therapeutics).
• Morgan Stanley: Morgan Stanley is a top-tier global investment bank with leading positions in M&A advisory, equity underwriting, and institutional securities. It is a direct peer, co-advising on transactions like MMG's $1.6B capital raise and competing across the same institutional and corporate client base as BofA Securities.
• Citigroup: Citigroup's investment banking and capital markets business is a direct bulge-bracket peer, with co-mandates including SK Hynix ADR, MMG capital raise, and Republic Services notes. It is one of the most comparable franchises to BofA Securities in terms of global reach and product breadth.
• Wells Fargo Securities: Wells Fargo Securities is the investment banking and capital markets arm of Wells Fargo, with comparable offerings in debt underwriting, equities, and M&A advisory. It is a direct peer that has co-led multiple BofA-led deals in 2026, including the Amazon loan syndication, Extra Space Storage, and Essential Properties notes offerings.

Broad incumbents

• Barclays Investment Bank: Barclays' investment bank is a global bulge-bracket competitor with strong franchises in fixed income, equities, and advisory. It competes with BofA Securities in the same institutional client segments and frequently co-manages leveraged finance and ECM transactions.
• Deutsche Bank Investment Bank: Deutsche Bank's investment bank competes globally in DCM, FX, and advisory, with a particularly strong European presence that overlaps BofA Securities' EMEA franchise. It is a broad incumbent peer in capital markets, particularly for cross-border transactions.
• UBS Investment Bank: UBS Investment Bank is a global bulge-bracket franchise following the Credit Suisse integration, with strong capabilities in equities, advisory, and wealth-management-linked capital markets. It is a broad incumbent peer to BofA Securities and a frequent co-manager (e.g., Ambiq IPO with BofA).

Emerging players

• Jefferies: Jefferies is a middle-market-focused investment bank that has been growing into larger-cap transactions, including healthcare and technology. It is a direct peer in equity underwriting (co-led Definium Therapeutics with BofA Securities) and increasingly competes for league-table credit.

Regional players

• RBC Capital Markets: RBC Capital Markets is a North American and UK-focused investment bank with strengths in equity underwriting, advisory, and fixed income. It is a regional peer to BofA Securities, more limited in its Asia Pacific and EMEA footprint but comparable in product mix and client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/bofa_business
• YouTubeyoutube.com/@BankofAmerica
• LinkedInlinkedin.com/company/bank-of-america-business?trk=similar-pages_result-card_full-click

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments31 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BofA Securities