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Press Releases

  • 10/13/15 10:00 am EDT

    New Paper by Merrill Lynch Private Banking and Investment Group Calls for an Expanded View of Wealth as a Sustainable Resource

    Families with wealth that lasts for generations tend to focus on personal values, not just financial assets, according to behavioral finance experts and family wealth dynamics leaders at Merrill Lynch’s Private Banking and Investment Group. In a paper published today entitled “Creating Meaning from Money,” Merrill Lynch expands on the fundamental idea that building family wealth that lasts requires focus on four sources of capital1more...
  • 10/13/15 9:30 am EDT

    Bank of America/USA TODAY Better Money Habits Millennial Report Finds Financial Stress Impacts Emotional and Physical Well-Being

    A new Bank of America/USA TODAY Better Money Habits Millennial Report released today finds that while 84 percent of millennials are confident in their ability to manage their finances, 41 percent are “chronically stressed” about money. Furthermore, money stress tends to permeate all areas of their lives: Sixty-five percent report that anxiety about money affects their emotional well-being. Nearly half (more...
  • 10/13/15 8:30 am EDT

    Signs Emerge That Gloom Over China Could Be Lifting

    Investors are expressing growing skepticism that the U.S. Federal Reserve (Fed) will raise rates this year amid fragility in the global economy and earnings, according to the BofA Merrill Lynch Fund Manager Survey for October. Fewer than half (47 percent) of investors believe the Fed will raise rates in 2015, down from 58 percent in September. A net 19 percent of the panel says global fiscal policy is toomore...
Awards & Recognition

Awards and recognition Bank of America has received from publications and organizations


Cathy Bessant talks to @Forbes @TomGroenfeldt at #Sibos: We are building a brand of innovation to attract the best and the brightest talent.-27 min 36 sec ago
Curiosity, compassion & connectivity: 3 traits of successful networkers #GlobalAmbassadors hours 1 min ago
Cathy Bessant: Patents help us build our brand & show we are tech driven #Sibos #TechTuesday hours 13 min ago
"We have to be mindful that we are in the trust business." -Cathy Bessant in #Sibos interview with @TheBanker's @joymacknight-7 hours 1 min ago
BofA exec Dottie Sheppick talks how to make home buying more affordable at #NAGLREP Learn More: hours 31 min ago