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4/7/16 4:00 am EDT

Bank of America Merrill Lynch (BofA Merrill), a leader in card services for middle-market, large corporate and public sector clients, has received a Gold accolade for its global product BofA Merrill Travel Pro, which was acknowledged as the best virtual development at the 2016 PYMNTS Innovator Awards.

BofA Merrill was the only global bank recognised in the awards and received the highest number of votes in its category for launching BofA Merrill Travel Pro, an electronic card solution which more...

4/5/16 1:00 pm EDT

Bank of America Merrill Lynch’s Global Transaction Services (GTS) business is once again proud to announce its sponsorship of the Latin Trade CFO Forums for 2016. The series gathers CFOs, finance directors and treasurers from various industries in Latin America for the opportunity to share knowledge and experiences across domestic and international borders.

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2/23/16 9:00 am EST

Bank of America Merrill Lynch has been named winner of nine leading industry awards by financial trade publication Treasury Management International (TMI).

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10/22/15 4:00 am EDT

Applications are now open for Bank of America Merrill Lynch’s (BofA Merrill) fifth annual UK Returning Talent programme, which aims to help bridge the gap between being a stay-at-home parent or carer and re-entering the workplace. People who have been out of work for a year or more are invited to apply via the company’s Careers website.The closing date is 18 December 2015.

BofA Merrill, in partnership with the Executive Coaching Consultancy, is looking to attract individuals from a range of more...

10/19/15 9:00 am EDT

Thousands of companies across the world, and particularly in the United States, continue to receive large volumes of check payments, even as electronic payment options grow in popularity. Today, Bank of America Merrill Lynch (BofA Merrill) is pleased to announce that its U.S. Wholesale Lockbox service, which collects and processes these payments, has been fundamentally transformed, enabling greater accuracy and speed. This can mean improved more...

10/12/15 9:30 pm EDT

Bank of America Merrill Lynch (BofAML) has been recognised by EMEA Finance magazine, a leading industry trade outlet, in its 2015 Treasury Services Awards, winning three accolades for treasury and FX services across the region:

  • Best Treasury Services in EMEA

  • Best FX Services in Europe

  • Best FX Services in EMEA

This is the second consecutive year BofAML has won the treasury services award, and the third and fourth years respectively for the FX services in Europe and EMEA accolades. more...

10/12/15 7:30 pm EDT

The Asia Pacific treasury function continues to evolve according to the Global Transaction Services (GTS) business at Bank of America Merrill Lynch (BofA Merrill). Driven by the need for more sophisticated financial strategies, heightened regulatory requirements, changes in technology and a push to adopt more inclusive business cultures, treasuries are undergoing a transformation across the region. These themes and others are explored in detail in the newly published “Asia Pacific: Treasury in more...

10/5/15 1:00 pm EDT

In conjunction with The NeuGroup’s Assistant Treasurers’ Group of Thirty (AT30) meeting that took place September 29-30, Bank of America Merrill Lynch shared experiences and best practices about working through these changes with treasury leadership from several Bay Area corporations.

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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...

9/1/15 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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8/27/15 9:00 am EDT

Bank of America Merrill Lynch Global Transaction Services (GTS) yesterday launched the Asia Pacific Emerging Women in Treasury program at an event in Hong Kong. The program is part of the firm’s efforts as a responsible company to help build diverse and inclusive workplaces, offering a forum for high-potential female talent in Asia Pacific to come together to promote greater gender equality in leadership and address any structural biases against women that may exist.

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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...

8/3/15 11:00 am EDT

Commercial card programs offered by Bank of America Merrill Lynch continue to grow in popularity for treasury departments in the United States, according to rankings published in the June 2015 issue of the Nilson Report, a publication covering payments systems worldwide.

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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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6/25/15 8:00 am EDT

Chief financial officers (CFOs) in Singapore are the most pessimistic group in Asia Pacific, with only 37 percent expecting profit to rise in 2015 compared with the regional average of 73 percent, according to the Bank of America Merrill Lynch 2015 CFO Outlook Asia survey.

In a survey of CFOs across Asia Pacific, 53 percent of Singapore CFOs expected profit to decline during the year, more than double the regional average. A weak global economic environment and a sluggish domestic market are more...

6/25/15 8:00 am EDT

Chief financial officers (CFOs) in Korea are among the most cautious in the region according to the Bank of America Merrill Lynch 2015 CFO Outlook Asia survey. Weaker-than-expected demand in export markets, reduced export competitiveness and slower household income growth are some of the factors driving this sentiment.

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6/25/15 8:00 am EDT

Taiwan chief financial officers (CFOs) are among Asia’s most optimistic, with 93 percent forecasting profits to rise in 2015, according to the Bank of America Merrill Lynch CFO Outlook Asia survey. The positive sentiment is being driven by the stabilization of economic growth, high consumer sentiment, and benign market risks.

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6/22/15 10:00 am EDT

The Global Transaction Services (GTS) business at Bank of America Merrill Lynch has published its annual report on the North American market, entitled "North America Perspectives." more...

6/11/15 9:00 am EDT

More CFOs will look to expand into the Japanese market via mergers and acquisitions (M&A), according to the Bank of America Merrill Lynch 2015 CFO Outlook Asia report. The strength of the Japanese corporate sector, the ongoing economic reform agenda (“Abenomics”) and a drop in asset prices due to a weaker yen are driving this sentiment.

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6/11/15 9:00 am EDT

More chief financial officers (CFOs) in Asia Pacific are confident in their regional businesses, as measured by growth prospects, their ability to manage and mitigate risk, and their appetite to expand and invest, according to the Bank of America Merrill Lynch 2015 CFO Outlook Asia survey.

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5/29/15 7:00 am EDT

Asia Pacific’s leading corporate treasurers have identified improving cash visibility and cash flow forecasting as the most common priorities in the coming 12 months but also see additional scope for enhancing treasury process automation, optimizing working capital and focusing on risk management within their functions. 

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5/14/15 10:37 am EDT

Bank of America Corporation announced today that it has issued its second green bond for $600 million in aggregate principal amount, part of Bank of America’s ongoing commitment to accelerating the transition to a low-carbon economy by advancing renewable energy and promoting energy efficiency.

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4/13/15 9:00 am EDT

Today Bank of America Merrill Lynch announced the addition of EidoSearch Predictive Analytics and Mary Epner Retail Analysis (MERA) to its BofA Merrill Open Minds alternative research platform.

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3/10/15 10:30 am EDT

Global Finance magazine has named Bank of America Merrill Lynch Best Bank for Cash Management in North America for the fifth consecutive year. The publication also named the firm Best Bank for Liquidity Management in North America for the fourth straight year, and Best Treasury & Cash Management Provider in the United States, an inaugural category. more...

2/2/15 4:00 am EST

Bank of America Merrill Lynch (BofAML), a leader in card services for middle-market, large corporate and public sector clients, today launched BofAML Travel Pro, an award-winning, market-leading business travel payment solution which enhances travel expense management. The firm is the first commercial card issuer in EMEA to launch this product to clients. It is currently available across 27 countries in the region and will be followed by a global rollout.

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