BankAmeriDeals/CMO Club Poll Reveals Revenue Lift and Satisfaction Among CMOs for Card-linked Marketing
Card-linked marketing programs - like BankAmeriDeals®,
an online and mobile cash back deals program for Bank of America®
customers - are highly effective in increasing revenue, customer
insights and advanced targeting to marketing programs, but are
underutilized by chief marketing officers (CMOs), according to a new
survey released today by Bank of America and The CMO Club.
The survey, which polled CMOs on their preferences andmore...
Merrill Lynch was awarded “Advisory Solutions Sponsor Product of the Year” by the Money Management Institute (MMI) for its investment advisory platform, Merrill Lynch One. The award category recognizes the introduction of the year’s most innovative solution and its contribution to the growth of the wealth management industry.Established in 1997, MMI is a national association and leading voice for global financial services organizations that provide advice and professionally-managedmore...
Long-term Debt Down $25 Billion From Year-ago Quarter, Driven by Maturities and Liability Management Actions
Record Global Excess Liquidity Sources of $427 Billion, up $55 Billion From Q1-13; Time-to-required Funding at 35 Months
First-quarter 2014 Earnings Press Release (PDF)Supplemental First-quarter 2014 Financial InformationBank of America Corporation today reported a net loss of $276 million, or $0.05 per diluted share, for the first quarter of 2014, compared to net income of $1.5 billion, or $0.10 per diluted share, in the year-ago period.Revenue, net of interest expense, on an FTE basis(A) declined 3 percent from the first quarter of 2013 to $22.8 billion. Excluding the impact of net debit valuation adjustmentsmore...