BANK OF AMERICA
Euromoney Magazine Names Firm Best for Third Consecutive Year
Euromoney magazine has named Bank of America Merrill Lynch “Best Cash Management House in North America” as part of the Euromoney Awards for Excellence 2013. The recognition marks the third consecutive year BofA Merrill has received the top North America cash management honor as determined by the editorial staff of Euromoney.
In North America, BofA Merrill offers comprehensive transaction and cash management services to large corporations, middle-market companies and small businesses across the United States and Canada. These services include liquidity management, payments and receipts, trade and supply chain finance, foreign exchange, commercial card services and custody and agency services.
The Euromoney award is just the latest in a series of external recognition BofA Merrill’s Global Transaction Services team has received in 2013 for industry leadership in North America. Previously, the firm was named:
In selecting BofA Merrill for its award, Euromoney noted that even with its top-ranking position in previous years, the firm continues to find new opportunities to serve its clients better. Teamwork with investment bankers, success helping middle market companies expand internationally, and enhancements for clients in Canada were among the examples the editors cited.
“We are very honored to receive this industry recognition,” said Dub Newman, head of North America Global Transaction Services. “With our long history of providing treasury solutions in the United States and Canada, our clients expect us to provide not only technology and product innovations but also excellent service and advisory expertise to help them optimize their working capital. We consistently aim to exceed those expectations.”
“We tailor our suite of transaction services offerings to meet the needs of clients of all sizes in North America,” added Galen Robbins, head of Global Commercial Banking Treasury Solutions. “As companies grow and change, we proactively suggest ways they can more efficiently and effectively manage their working capital.”
Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We serve approximately 52 million consumer and small business relationships with approximately 5,400 retail banking offices and approximately 16,300 ATMs and award-winning online banking with 30 million active users and more than 13 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
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