Bank of America Merrill Lynch won the highest number of global awards from Euromoney magazine, being named Best Global Loan House, Best Global Transaction Services House and Best Global Bank for Corporate Social Responsibility in the Euromoney 2015 Awards for Excellence.
"These awards are a testament to our fully integrated global platform and world-class talent," said Christian Meissner, head of Global Corporate and Investment Banking at Bank of America Merrill Lynch. "The recognition as both Best Global Loan House and Best Global Transaction Services House underscores the power of our team to deliver innovative financial solutions tailored to the unique needs of clients around the world."
"We are honored to be recognized by Euromoney for the second consecutive year as the Best Global Transaction Services House," added Ather Williams, head of Global Transaction Services at Bank of America Merrill Lynch. "We thank our clients for entrusting us with their business, and we look forward to working with them in the years to come, as the cash management and payments industries continue to evolve and demand new approaches and innovations to trade finance and treasury management."
"Being named Best Global Bank for Corporate Social Responsibility is confirmation of our commitment to making financial lives better," said Andrew Plepler, Global Corporate Social Responsibility executive. "Ensuring that sustainable practices are integrated into our products, services and business activities allows us to best serve our clients and communities around the world. Through strategic partnerships and the responsible deployment of our assets and resources, we can effect long-term positive change."
In the publication's write-up about the loans honor, Euromoney wrote: "Lending remains at the very heart of finance and the relationship between banks and their clients. As some of their rivals pull back, Bank of America Merrill Lynch stands out as a true loans powerhouse on a genuinely global scale."
For transaction services, the publication said: "Bank of America Merrill Lynch's US strength is not in doubt, but it's building revenues and winning mandates on a regular basis in Europe, Latin America and Asia. It's no longer just the momentum cash and payments house - it's a true global competitor now."
For corporate social responsibility, the publication noted: "In a highly competitive category, Bank of America Merrill Lynch stood out to the Euromoney editorial panel. The bank is supporting impact investment and leading from the front as the green bond market flourishes. Its Catalytic Finance Initiative, to which the bank has committed $1 billion and hopes to raise another $10 billion, could be a real game-changer in the CSR space."
The firm also received the following accolades from Euromoney:
APAC awards
Best M&A House in Asia
Best Investment Bank in Singapore
Best M&A House in Thailand
EMEA awards
- Best Investment Bank in Western Europe
- Best Investment Bank in the United Kingdom
- Best M&A House in Spain
- Best Equity House in the United Kingdom
- Best M&A House in the UAE
Latin America awards
- Best M&A House in Latin America
- Best Transaction Services House in Latin America
North America awards
- Best Debt House in the United States of America
The Euromoney Awards for Excellence were established in 1992 and are the global benchmark for the banking industry. These annual awards cover more than 20 global product categories, best-in-class awards in all regions and the best banks in close to 100 countries around the world.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 48 million consumer and small business relationships with approximately 4,800 retail financial centers and approximately 15,900 ATMs and award-winning online banking with 31 million active users and approximately 17 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated, which is a registered broker-dealer and member of SIPC, and, in other jurisdictions, a locally registered entity. Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.
Visit the Bank of America newsroom for more Bank of America news and the About Us website to learn more about our approach to corporate social responsibility.
Reporters May Contact:
Manash Bhuyan,
FTI Consulting +971.4.4372102
manash.bhuyan@fticonsulting.com
Tamara Khoury,
FTI Consulting +971.4.4372115
tamara.khoury@fticonsulting.com
© Press Release 2015
