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Merrill Lynch

11/2/15 9:00 am EST

The majority of Phoenix residents believe they will be spending less (70 percent), saving more (69 percent) and investing more (54 percent) in 2016, according to a new survey released today by Bank of America and Merrill Edge.

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11/2/15 9:00 am EST

A majority (59 percent) of Americans set a 2015 goal to save for retirement, but so far this year, less than one-third (31 percent) achieved that goal, according to a new survey released today by Bank of America and Merrill Edge.

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10/22/15 12:15 pm EDT

A new Merrill Lynch study reveals a potential giving surge in the United States over the next two decades valued at an estimated $8 trillion, due to the aging baby boomer generation, increasing life expectancy and high rates of giving among retirees.

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10/20/15 9:00 am EDT

Bank of America Merrill Lynch was awarded best technology among large firms1 for Merrill Lynch One at the inaugural WealthManagement.com Industry Awards recently held in New York City.

“We’re pleased to be recognized for our innovation in simplifying and improving the client experience,” said Keith Glenfield, managing director and head of Managed Solutions at Bank of America Merrill Lynch. “We remain focused on providing clients more...

10/13/15 10:00 am EDT

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 capital1 more...

10/13/15 8:30 am EDT

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.

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9/23/15 9:00 am EDT

CashPro® Invest, an online liquidity management and investment order entry tool, is now available for use by Bank of America Merrill Lynch clients in Europe.

CashPro Invest is fully integrated with CashPro Online, BofA Merrill’s corporate banking portal. CashPro Invest offers investment execution and extensive research and reporting capabilities for money market mutual funds, the primary investment product solution for daily more...

9/15/15 8:30 am EDT

Global investors’ confidence in the world’s economic outlook has fallen significantly due to concerns over China and emerging markets, according to the BofA Merrill Lynch Fund Manager Survey for September. Asset allocators have adopted a “risk-off” stance in response.

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9/1/15 4:27 pm EDT

Bank of America Merrill Lynch opened a new office in Rio de Janeiro’s Botafogo district on August 10.

The new office reflects the importance that BofA Merrill places on continuously investing in the quality of its service in the country and beyond. Rio de Janeiro is Brazil’s second economic capital and a concentration of various industries – the largest Brazilian companies in the mining and oil sectors for example, in addition to the major Brazilian pension funds.

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8/18/15 10:00 am EDT

While companies around the world are taking note of the growing emergence of mobile and digital payment applications, many treasury departments still grapple with the continued existence and enormous cost of paper payments. Clients at the Bank of America Merrill Lynch Conference on Payments and Commercial Card continued to identify that fully converting their payments to electronic was their No. 1 priority in improving their working capital in more...

8/18/15 8:30 am EDT

Global investors have shifted their attention from Greece to China amid continued concern of a Chinese recession, according to the BofA Merrill Lynch Fund Manager Survey for August. Respondents are scaling back their expectations for economic growth.

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7/14/15 8:30 am EDT

Global investors have raised their holdings of cash significantly in response to a weaker global economic outlook, particularly in China, according to the BofA Merrill Lynch Fund Manager Survey for July. Overall, equity allocations are unaffected by the higher risk aversion, however.

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7/13/15 9:12 am EDT

Andy Sieg, head of Global Wealth and Retirement Solutions for Bank of America Merrill Lynch, will join President Barack Obama and a community of advocates, experts, local leaders, and older Americans today to discuss the changing landscape of longevity at the White House Conference on Aging. more...

7/13/15 9:00 am EDT

Today, at the 2015 White House Conference on Aging, Bank of America Merrill Lynch will announce the introduction of a groundbreaking longevity training program for human resources (HR) and benefit plan professionals. Developed in partnership with the University of Southern California’s renowned Leonard Davis School of Gerontology, the Bank of America Merrill Lynch Longevity Training Program is designed to drive greater awareness and more...

7/10/15 7:00 am EDT

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.

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6/16/15 8:30 am EDT

Global investors have moved out of equities into cash ahead of an expected U.S. Fed rate hike, according to June’s BofA Merrill Lynch Fund Manager Survey (FMS). Investors have also shown concern about a Greek default and a possible bubble in Chinese equities as they have scaled back risk.

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6/10/15 9:30 am EDT

Merrill Lynch today announced that it has added sustainable impact multi-asset class portfolios to its expanding platform of impact portfolios to serve clients interested in using their investment capital for positive social and environmental purposes. Additionally, the firm will provide its 14,000 financial advisors new resources to help clients understand the impact of their investments in these portfolios.

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6/9/15 9:00 am EDT

About two-thirds (66 percent) of Chicago respondents expect to be stressed about money in retirement based on how they are currently saving, according to a new survey released today by Bank of America and Merrill Edge. The latest Merrill Edge® Report reveals that while non-retirees are anticipating stress, the majority (53 percent) of retirees in the area are not stressed based upon how they saved. more...

6/9/15 9:00 am EDT

Over two-thirds (68 percent) of New Jersey respondents expect to be stressed about finances in retirement based on how they are currently saving, according to a new survey released today by Bank of America and Merrill Edge. The latest Merrill Edge® Report reveals that despite feelings of stress from area pre-retirees, New Jersey retirees show a worry-free retirement is possible, with the vast majority (85 percent) reporting they will have more...

6/9/15 9:00 am EDT

Almost seven out of 10 (68 percent) Los Angeles respondents expect to be stressed about money in retirement based on how they are currently saving, according to a new survey released today by Bank of America and Merrill Edge. The latest Merrill Edge® Report reveals that while non-retirees are anticipating stress, the majority (65 percent) of retirees in the area are not stressed about finances in retirement based on how they saved. more...

6/9/15 9:00 am EDT

Over three out of five (62 percent) Orange County respondents expect to be stressed about money in retirement based on how they are currently saving, according to a new survey released today by Bank of America and Merrill Edge. The latest Merrill Edge® Report reveals that while non-retirees are anticipating stress, the majority (70 percent) of retirees in the area are not stressed about finances in retirement based on how they saved. more...

6/9/15 9:00 am EDT

Nearly two-thirds (64 percent) of Phoenix respondents expect to be stressed about money in retirement based on how they are currently saving, according to a new survey released today by Bank of America and Merrill Edge. The latest Merrill Edge® Report reveals that while non-retirees are anticipating stress, the majority (60 percent) of retirees in the area are not stressed about finances in retirement based on how they saved for it. more...

6/9/15 9:00 am EDT

Nearly seven in 10 (69 percent) San Francisco residents expect to be financially stressed in retirement based on how they are currently saving, according to a new survey released today by Bank of America and Merrill Edge. The latest Merrill Edge® Report reveals that while San Francisco non-retirees are anticipating stress, the majority (62 percent) of local retirees in the area are not stressed about finances based on how they saved. more...

6/9/15 9:00 am EDT

Nearly six in 10 (58 percent) South Florida respondents expect to be stressed about money in retirement based on how they are currently saving, according to a new survey released today by Bank of America and Merrill Edge. The latest Merrill Edge® Report reveals that while non-retirees are anticipating stress, the majority (62 percent) of retirees in the area are not stressed about finances in retirement based on how they saved. more...

6/9/15 9:00 am EDT

Three out of four (75 percent) Dallas-Fort Worth respondents expect to be stressed about money in retirement based on how they are currently saving, according to a new survey released today by Bank of America and Merrill Edge. The latest Merrill Edge® Report reveals that while non-retirees are anticipating stress, the majority (64 percent) of retirees in the area are not stressed about finances in retirement based on how they saved. more...