U.S. Trust has been named Best Private Bank – Client Service at the annual Private Asset Management¹ Awards. U.S. Trust was selected by an independent panel of industry experts, based on key criteria and performance indicators, including financial progress, growth, client satisfaction and product innovation.

U.S. Trust today released its 2013 market outlook, saying while aggressive monetary policy has been the most important catalyst for stabilization and rising asset prices in the past few years, fiscal policy transparency will take the lead in 2013. Combined with a continued easing monetary policy and improving economies both in the U.S. and abroad, this new fiscal policy transparency should help to spark a long-awaited reallocation of capital for more...

People who own their own businesses feel they have the ability and a responsibility to create jobs and opportunities for others, according to new findings from the 2012 U.S. Trust Insights on Wealth and Worth Survey™ released today. more...

Bank of America announced today that Larry Otto has been named to the additional leadership roles of Missouri state president and St. Louis market president. A native who has called Missouri home for most of his life, Otto has been with the company since joining a predecessor institution in 1977. Otto replaces Patricia Mercurio who was named St. Louis president in 2000 and state president in 2001. Mercurio will retire in October.

U.S. Trust today announced that it will again serve as the exclusive financial services underwriter of the Aspen Ideas Festival, a weeklong series of programs, tutorials, seminars and discussion events focused on ideas, issues and intellectual inquiry. The annual Aspen Ideas Festival, presented by the Aspen Institute and The Atlantic, will be held in Aspen, Colorado, from June 27 to July 3, 2012. This is U.S. Trust’s fourth year as underwriter more...

Bank of America today announced it will launch a U.S. Trust television advertisement geared toward high net worth and ultra high net worth individuals and families.

NEW YORK--(BUSINESS WIRE)--U.S. Trust today announced the expansion of its Financial Empowerment Program to include comprehensive online educational resources, interactive learning modules and self-assessment and planning tools. more...

NEW YORK--(BUSINESS WIRE)--In nearly 90 percent of high net worth households, women are either the sole decision maker or an equal partner in decisions about charitable giving, according to the Bank of America Merrill Lynch 2011 Study of High Net Worth Women’s Philanthropy, released today. The power and influence of women in philanthropy may mean that some charitable organizations will need to adapt their messaging and strategies to appeal to women’s more...

NEW YORK--(BUSINESS WIRE)--Merrill Lynch Wealth Management will host a live webcast, “Women and Retirement: Investing for the Life You Want,” on Thursday, June 16, 7 - 8 p.m. EDT.

NEW YORK--(BUSINESS WIRE)--The catastrophic events in Japan and escalation of political uprisings in the Middle East, Northern Africa and other regions around the world have created uncertainty among investors due to the fragility of an interconnected global economy.

NEW YORK--(BUSINESS WIRE)--Today, Bank of America released its latest Merrill Lynch Affluent Insights Quarterly, a survey examining the values, financial priorities and concerns of affluent Americans. The latest in a series of quarterly surveys looks at a range of opportunities and concerns associated with retirement – a stage of life being redefined by recent retirees and those preparing for it in the years ahead.

NEW YORK--(BUSINESS WIRE)--U.S. Trust is proud to continue its underwriting of the Aspen Ideas Festival to promote discourse on the drivers of economic recovery and how to harness the new opportunities the recovery presents. Plenary sessions and idea exchanges underwritten by U.S. Trust will address the history of innovation within the financial industry, investment confidence during the economic recession, and the intersection between businesses, more...