StockBrokers.com recognized Merrill Edge Self-Directed as No. 1 in Overall Client Experience for the second year in a row, No. 1 in Banking Services for the sixth consecutive year, and No. 1 in its inaugural ESG Investing category.
In January, the Customer Service Institute of America (CSIA) named Merrill the winner of the International Service Excellence Award in the “Visionary” category for its focus on continuous improvement and creating revolutionary ways to serve and innovate.
NerdWallet awarded Merrill Edge Self-Directed five stars, its highest rating, and six “Best of” accolades, highlighting the platform’s high-quality research, analysis, and patent-pending technology – including its stock story, portfolio story and fund story – which delivers an engaging experience that helps clients navigate their unique financial needs.
In December, IDG announced Bank of America will receive a 2020 FutureEdge 50 Award, which recognizes organizations that are transforming the customer experience and enhancing worker productivity with established IT initiatives driving business success, the most cutting-edge trials and applications of emerging technologies, and the innovative cultures enabling them.
During the Waters magazine and WatersTechnology.com awards ceremony in December, Bank of America received three American Financial Technology Awards (AFTAs), the most for any financial institution in 2019. The AFTAs recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities. Bank of America won for "Most Cutting-Edge IT Initiative," "Best Mobile Strategy Initiative," and "Best Compliance Initiative."
In December, Bank of America was named "Derivatives House of the Year," winning the flagship award at the Risk Awards 2020, hosted by Risk.net in London. Bank of America was also awarded "Equity Derivatives House of the Year" and "OTC Client Clearer of the Year."
Bank of America Merrill Lynch was named Institutional Investor’s “Top Global Research Firm of the Year” on Nov. 13. BofA Merrill Lynch Global Research won 234 total team positions – more than any other firm – in the eight Institutional Investor research team surveys published throughout 2019.
On Oct. 29, Global Finance magazine named Bank of America the "Best Bank in the World." The accolade is the top honor of the publication’s 2019 listing of world’s best banks. According to the magazine, the bank was selected based on its performance over the previous year, reputation, management excellence, and leadership in digital transformation.
On Oct. 2, AnitaB.org recognized Bank of America as a 2019 Top Company for Women Technologists for the second consecutive year. Bank of America had the highest score in the technical workforce category of more than 10,000 employees. The award demonstrates Bank of America’s commitment to being a diverse and inclusive company, which is essential to our ability to meet the needs of our clients, communities and employees.
- In August, Bank of America was ranked eighth on Fortune’s 2019 “Change the World” list, which recognized 52 companies for innovative business strategies that positively impact the world. Bank of America is the top financial services firm on the list and was recognized for its work to address the affordable housing shortage across the U.S.
- Bank of America retained its ranking as a top issuer of Visa and MasterCard commercial credit and prepaid solutions in the U.S. The 2018 rankings were published by The Nilson Report, a financial industry publication covering card and mobile payments.
- In July, Euromoney magazine named Bank of America the "World’s Best Bank for Diversity and Inclusion." The global D&I award goes to the firm that shows a strong track record for initiatives promoting diversity and inclusion within their own company, the markets and the industry; and a positive impact on the company's performance and their offerings to clients.
- In the Forrester Banking Wave™: U.S. Mobile Apps Q2 2019 report published on May 16, Bank of America received the top ranking in three evaluation criteria (self-service features, privacy and security cues, and content) and ranked among the highest in progress and workflow.
- In May, MONEY named Bank of America the “Best Bank for College Students” and selected the Advantage SafeBalance Banking account as best for students.
- Bank of America was the top ranking financial institution in the 2019 LinkedIn Top Companies list, announced on April 3. This was the first time the bank had been included in the fourth annual list that recognizes the 50 most sought-after places to work in the U.S. LinkedIn analyzed billions of data points generated by their 546+ million members to derive a blended score used to rank the winners by country.
- Global Finance named Bank of America the "Best Bank for Liquidity Management in North America."
- The TMI Awards for Innovation & Excellence recognized Bank of America as the "Best Bank for Cash & Liquidity Management" in China and South America.
- Bank of America’s CashPro digital platform ranked highly in the 2018 Greenwich Excellence Awards in the U.S. for large corporate cash management. The bank earned recognition for excellence in Digital Platform Design, Digital Product Capabilities, and Digital Platform Security Capabilities. The bank also earned a 2019 Greenwich Excellence Award for its Digital Platform Security Capabilities in Asia.
- The analyst firm Aite Group named the company's Intelligent Receivables as Product Development winner in its inaugural Impact Innovation Awards in Cash Management and Payments. Intelligent Receivables leverages artificial intelligence, machine learning and optical character recognition to automate the matching of payments with their associated remittance information.
- On Feb. 14, Bank of America was recognized as one of the “100 Best Companies to Work For” by Fortune magazine and the global research and consulting firm, Great Place to Work®. Bank of America also was recognized as the only financial services company on Fortune’s inaugural “Best Big Companies to Work For” list, which recognizes seven companies with more than 100,000 U.S.-based employees that passed the Great Place to Work® Certification bar.
- On Feb. 4, Bank of America announced it received the highest recognition in customer satisfaction for retail banking advice in the J.D. Power 2019 U.S. Retail Banking Advice StudySM. This top spot and 5 out of 5 Power Circle Rating, which is “among the best,” are firsts for Bank of America in the annual study of retail banking client satisfaction with bank-provided advice offerings.
- Catalyst, a global nonprofit working with CEOs and leading companies to build workplaces that work for women, honored Bank of America with the the 2019 Catalyst Award on January 17. The bank received the recognition based on its ongoing efforts to be a great place to work and to support the continued development, empowerment and advancement of women within the company and around the world.
- On January 16, Bank of America was recognized as a leader for the fourth consecutive year on the Bloomberg Gender Equality Index (2019), an annual listing of companies demonstrating leadership in their policies, practices and disclosures in support of gender equality.
- On January 8, Bank of America became the first financial services company to be J.D. Power-certified for providing “An Outstanding Customer Experience” in its mobile app and online banking.
Bank of America’s focus on providing the best client care in the industry has led us to earn accolades in a number of areas. Two recent studies by J.D. Power identified Bank of America as a top performer in two areas critical to our Consumer Lending business — Mortgage and Auto Finance.
- Bank of America Merrill Lynch received the highest honor from LatinFinance on Dec. 5 at a special ceremony to commemorate its 30th anniversary in publication. The Excellence in Full-Range Service Award marks a first in the publication’s history and is designed to recognize outstanding execution on industry-transforming deals across all asset classes and the breadth of the Latin America region.
- On Oct. 11, Bank of America was named a winner of AnitaB.org’s 2018 Top Companies for Women Technologists, earning the highest total score for a company with a technical workforce of over 10,000 employees. As one of the leading companies in America focused on diversity and opportunity in technology-related fields for women, Bank of America was recognized for creating a workplace committed to building a positive employee experience where women can thrive.
Fifty-six Merrill Lynch Wealth Management advisors were named on Working Mother/SHOOK Research's "2018 Top Wealth Advisor Moms" list published on October 2. The list features 300 of the top wealth advisors who are mothers with at least one child under the age of 18 living at home; they are ranked based on a mixture of quantitative and qualitative criteria.
Merrill Lynch was ranked No. 2 on Forbes’ 2018 "America’s Top 250 Wealth Advisors" list, published on September 12. The list includes 51 Merrill Lynch wealth advisors among the 250 advisors who manage over $733 billion in client assets.
Merrill Edge recently received five out of five stars from Kiplinger’s “Best Online Brokers” survey for its user experience and research. The recognition follows this year’s launch of two new, patent-pending experiences for self-directed investors, helping them make more informed investing decisions: Stock Story and Portfolio Story.
Bank of America was named the top global bank on Fortune magazine’s 2018 "Change the World" list, the magazine’s annual ranking of 57 companies that are creating social benefit through their core business strategy. The company is the top financial services firm on the list and was recognized for its work mobilizing and deploying capital to address global challenges, including environmental sustainability, through its Environmental Business Initiative.
Merrill Lynch ranked No. 1 on Forbes' 2018 “America’s Top Next-Generation Wealth Advisors” list, published on July 25. This marks the second consecutive year the firm has topped the list. In total, 247 Merrill Lynch advisors were recognized on the list.
In July, Euromoney named Bank of America the world’s best bank in the publication’s annual Global Awards for Excellence competition. The overall “world’s best bank” honor is the highest award bestowed by Euromoney. It acknowledges Bank of America’s strong financial performance; clearly differentiated business model; ability to adapt to changing market and regulatory conditions; innovation; and track record of delivering for shareholders and clients.
Global Finance, a monthly magazine for corporate leaders, bankers and investors, has named Bank of America Merrill Lynch the top financial innovator in North America. The publication also chose BofA Merrill’s Intelligent Receivables as one of its 19 top financial innovations of the past year.
- In June, the bank was honored as the 2018 Corporate Conservation Leader by The Nature Conservancy (TNC). Bank of America has a 40-year partnership with TNC, working together to address some of the world’s most pressing environmental and conservation challenges.
- Merrill Lynch ranked No. 1 on the 2018 Barron’s “Top 100 Women Financial Advisors” list published on June 9. This marks the 13th consecutive year the firm has topped the list.
- Bank of America Merrill Lynch Corporate and Commercial Banking contact centers were certified by J.D. Power for providing “an outstanding customer service experience” for the live phone channel.
- In April, Bank of America was named as Celent’s 2018 Model Bank of the Year. Celent is a global research and advisory firm for the financial services industry. Celent’s annual award program recognizes financial institutions as “model banks” for their outstanding technology initiatives, which must demonstrate clear business benefits, innovation, and technology or implementation excellence.
- On Apr. 19, Bank of America announced that its Global Information Security group won the SC Magazine Professional Award for Best Security Team. The 2018 Professional Award winners were chosen by a panel of judges comprised of recognized security professionals and leaders from a variety of backgrounds and vertical markets. The individuals, programs and teams chosen as winners in the Professional Award categories go through a rigorous judging process that includes testimonials, industry assessment and additional research.
- Merrill Lynch ranked No. 1 on the Financial Times “Top 400 Financial Advisors” (FT 400) list, published on March 22. In total, 80 Merrill Lynch advisors were recognized on the list. The FT 400 is based on data gathered from firms and verified by broker-dealer home offices, regulatory disclosures, and the FT’s research. The listing reflects each advisor’s performance in six primary areas, including assets under management, asset growth, compliance record, experience, credentials, and accessibility as identified by the FT.
- Merrill Lynch topped the 2018 Barron’s magazine's “Top 1,200 Financial Advisors” list with 295 financial advisors and private wealth advisors being recognized. This marks the 10th consecutive year that the firm has ranked No. 1. Additionally, seven advisors were named the top advisor in their respective states.
- Treasury Management International (TMI), a publication focusing on issues affecting treasury and financial professionals, has named Bank of America Merrill Lynch the winner of two Best Bank for Cash & Liquidity Management awards. The awards are part of TMI’s annual Awards for Innovation & Excellence in Treasury Management.
- Merrill Lynch topped Forbes magazine's "Best-in-State Wealth Advisors" list, which recognized 638 financial advisors and private wealth advisors – beating its nearest competitor by more than 150 advisors. Additionally, 18 advisors were ranked the top advisor in their respective states.
- Bank of America has been named No. 2 among Fortune magazine's Best Workplaces for Giving Back. The list highlights companies that are committed to contributing to their communities via financial support, expertise and volunteerism.
- With more than 2 million apps of all kinds available globally, Bank of America is the first app to be certified through the newly announced J.D. Power Mobile App Certification ProgramSM. On January 4, J.D. Power ranked Bank of America as an industry leader in app design, navigation, features and capabilities, and performance.
- Bank of America Merrill Lynch received a 2017 American Financial Technology Award (AFTA) for its approach to providing a fiduciary standard of care for clients. The company was awarded “Best Compliance Initiative” for its innovative and extensive efforts to comply with the Department of Labor (DoL) Fiduciary Rule across its Merrill Lynch Wealth Management, U.S. Trust, Institutional Retirement and Merrill Edge businesses.
- Bank of America was named No. 1 in Digital U.S. Credit Card Sales Functionality by Forrester in its inaugural report. The report evaluates best practices in Digital Card Sales across four evaluation criteria (Discover, Explore, Buy and Onboard) of the seven largest U.S. credit card issuers.
- On Dec. 5, Bank of America was ranked No. 26 among Fortune's 100 Best Workplaces for Diversity.
- Merrill Edge’s contact centers have been recognized by J.D. Power for providing “An Outstanding Customer Service Experience” in the Live Phone channel for the seventh consecutive year. We received high scores on the best practices scorecard, which measures 40 dimensions of the client experience, including organizational strategy, recruiting/training, employee engagement and quality assurance.
- On Nov. 28, Fortune magazine named Bank of America one of the 50 Best Workplaces for Parents.
- In the fall, Merrill Edge received a No. 1 ranking from Kiplinger’s for Best Online Brokers 2017. In that ranking, Bank of America earned 4.5 out of five stars overall. In addition, Kiplinger’s Personal Finance magazine included Merrill Edge in its annual BEST issue for December 2017 — a roundup of the staff’s top picks for every aspect of a consumer’s financial life. Merrill Edge was recognized in the free trades category, highlighting how clients can benefit from free stock trades, depending on their Preferred Rewards status.
- In October, Bank of America Merrill Lynch won three awards across Foreign Exchange and Global Transaction Services in EMEA Finance magazine's Treasury Services Awards 2017. The awards, presented during a ceremony at Sibos in Toronto, included Best Treasury Services in EMEA award (third consecutive year), Best Foreign Exchange Services in Europe (fifth consecutive year), and Best Exchange Services in EMEA (sixth consecutive year).
- Merrill Lynch Wealth Management topped the list of the 2017 Financial Times "Top 401 Retirement Advisers" (FT 401), with 55 financial advisors recognized.
- Merrill Lynch holds the No. 1 position on Forbes’ “America’s Top 250 Wealth Advisors” list, published on Sept. 26, 2017, with 54 total advisors on the list. These 250 members of Forbes' list collectively manage $672 billion in client assets while serving a client base that ranges from billionaire tech CEOs to small business owners and wealthy heirs.
- Barron’s magazine named Bank of America’s Global Wealth and Investment Management unit the top-ranking wealth management firm for the 11th year in a row. Together, the top 40 firms listed manage $7.1 trillion in accounts with $5 million or more, up 19 percent from 2016, Barron’s noted.
- Merrill Edge was named “Best online broker for mutual funds” in a new ranking by NerdWallet, a popular online site offering financial tools and guidance based on their proprietary research. Additional accolades included “best overall” and “biggest selection of no-transaction-fee funds.” Merrill Edge was also recognized for their research tools and the affordability and array of fund choices.
On Sept. 21, Bank of America announced that it scored 100 percent on the 2017 U.S. Business Leadership Network’s (USBLN) Disability Equality Index (DEI), an annual listing of companies that are leading the way in policies, practices and programs that are inclusive of people with disabilities. Bank of America’s inclusion in the DEI is the latest recognition of the bank’s commitment to diversity and inclusion, its work to create an environment where all employees can succeed and achieve their goals, and long-standing relationships with community partners, such as the Ad Council’s Love Has No Labels campaign and the Special Olympics.
On Sept. 7, Merrill Lynch Wealth Management announced that 119 of its financial advisors were named to a newly created list of 500 of the nation’s top young wealth advisors compiled by Forbes and SHOOK Research -- topping its nearest competitor by more than 30 advisors. Advisors considered for Forbes/SHOOK’s "America’s Top Next-Generation Wealth Advisors" list were born in 1980 or later and have a minimum of four years’ relevant experience. They have built their own practices and lead their teams; joined teams and are viewed as future leaders; or a combination of both.
- Bank of America Merrill Lynch received top honors from The Banker magazine in its Investment Banking Awards, being named Most Innovative Investment Bank of the Year 2017. The award recognizes the firm for its strategically oriented Corporate and Investment Bank, built on long-term relationships, and its ability to pair advisory and funding capabilities. In addition to Most Innovative Investment Bank, the firm received the following accolades: Most Innovative Investment Bank of the Year from North America, Most Innovative Investment Bank for Financial Institutions Group, and Most Innovative Investment Bank for Syndicated Loans.
In August, Kiplinger’s Personal Finance publication awarded Merrill Edge a No. 1 ranking in its “2017 Best Online Brokers” list in a tie with Fidelity. This accolade highlights Merrill Edge’s commitment to supporting and empowering clients throughout their financial lives by delivering extraordinary service and care.
- In July, the Euromoney Awards for Excellence 2017 recognized Bank of America with top honors in 11 categories, including World’s Best Bank in Corporate Social Responsibility (CSR) and Advisory. In addition to winning the CSR and Advisory global awards, Bank of America won a number of regional accolades for excellence in retail, commercial, corporate and investment banking.
- On June 5, Barron’s magazine's annual "America's Top 100 Women Financial Advisors" list recognized 19 Merrill Lynch advisors, the most of any firm.
- In May, Bank of America Merrill Lynch Corporate and Commercial Banking contact centers, led by the bank’s Treasury, Fulfillment Service and Operations team, were certified by global marketing firm J.D. Power for providing “an outstanding customer service experience” for the live phone channel.
- The Customer Service Institute of America (CSIA) awarded Merrill Edge the 2016 International Service Excellence Award in the Contact Center category. CSIA is the body delegated by International Council of Customer Service Organizations to manage the International Service Excellence Awards, which are recognized as the premier service awards around the globe.
On March 13, Merrill Lynch Wealth Management announced that 305 of its financial advisors were named top advisors in their states on Barron’s 2017 “America’s Top 1,200 Advisors: State-by-State” list, the ninth consecutive year that Merrill Lynch has had the most advisors on the list.
In March, Treasury Management International (TMI), a publication covering the transaction services industry, named Bank of America Merrill Lynch its 2016 Global Bank of the Year for Payments & Collections. BofA Merrill won seven additional awards, all part of TMI’s annual Awards for Innovation and Excellence.
- On Jan. 23, Bank of America was named as a global leader in supporting the development and success of women in the workplace on the 2017 Bloomberg Financial Services Gender-Equality Index (BFGEI), an annual listing of companies demonstrating leadership in their policies, practices and disclosures in support of gender equality.
In January, Merrill Edge was designated as a top online stock broker for 2017 by NerdWallet as part of the personal finance site’s 2017 “Best-of Awards” program for investing. The online brokerage was lauded for its stock trading services and ranked as one of two investment firms for the best in the “Research” category.
Corporate Insight’s 2016 e-Monitor Awards Report recognized Merrill Edge with gold medals in the “Trading” and “Mobile Capabilities” categories, and three silver medals in the “Account Information,” “Quotes” and “Prospect Experiences” categories. The firm also received a bronze medal in “Online Help,” earning the firm recognition in all six award categories and tying the firm with the most medals overall within e-Monitor.
In December, Merrill Edge Investment and Advisory contact centers were awarded the distinction of J.D. Power Certified Contact Centers, recognizing the streamlined investment service for providing “An Outstanding Customer Service Experience” in the live phone channel for the sixth consecutive year. Merrill Edge Investment and Advisory teams particularly excelled in five key areas: timeliness of resolution, promptness in speaking to a person, courtesy, concern, and knowledge of the representative.
For the sixth year running and since the recognition’s inception, Bank of America Merrill Lynch was named Institutional Investor magazine’s “Top Global Research Firm of 2016.” This was achieved by BofA Merrill Lynch Global Research winning 225 total team positions – more than any other firm – in the 11 Institutional Investor research team surveys published this year.
On Sept. 29, Bank of America Merrill Lynch received three accolades across Foreign Exchange (FX) and Global Transaction Services (GTS) in EMEA Finance magazine’s Treasury Services Awards 2016, including Best Bank for Foreign Exchange Services in EMEA (fifth consecutive year); Best Bank for Foreign Exchange in Europe (fourth consecutive year); and Best Bank for Treasury Services in EMEA (second consecutive year).
According to the Nilson Report's rankings for calendar year 2015, BofA Merrill continued to be the No. 1 provider of purchasing card solutions, which includes physical purchasing cards along with related virtual card solutions. The firm improved from No. 3 to No. 2 in corporate cards and from No. 5 to No. 4 in commercial prepaid. BofA Merrill is the only global bank that retained or improved its ranking in all three Nilson categories.
On July 6, Euromoney named Bank of America the World’s Best Bank in two key areas: financing and diversity. This was the inaugural year for both awards, and the wins reflect the bank’s strategy to serve customers, clients and shareholders through the power of its diverse, global workforce. According to Euromoney, Bank of America Merrill Lynch has demonstrated its ability to deliver certainty in execution and the right mix of financing, advice and products to clients, regardless of market conditions.
Bank of America has moved up two spots on Diversity MBA’s 10th annual list of Best Places for Women and Diverse Managers to Work. Rankings are based on representation, board diversity, recruitment, workplace inclusion, retention, succession planning and accountability.
Bank of America Merrill Lynch is the first corporation and first financial institution to join the Hong Kong Gay and Lesbian Attorneys Network (HKGALA). HKGALA is the first lesbian, gay, bisexual and transgender (LGBT) network for the legal community in Hong Kong, with more than 500 individual members, 35 international and regional law firms, and now one bank. The organization promotes LGBT inclusion and diversity in the legal profession, increasing awareness of LGBT issues and works with LGBT-related professional organizations on LGBT-related matters.
For our support of fathers, Bank of America has been named among the “50 best places for new dads to work” by fatherly.com. Rankings were determined by how many weeks of paid paternity leave the company offers and other "father-friendly practices and policies."
Bank of America has a long history of supporting our U.S. military, including our current commitment to hire 10,000 veterans over the next few years. This commitment, along with the resources and programs we provide to support service members as they transition to civilian life has earned the company a spot on the CivilianJobs.com 2016 Most Valuable Employers for Military list. Winners were chosen based on their recruiting, training and retention plans that best serve military service members and veterans.
Universum USA has ranked Bank of America among the top 100 on their Most Attractive Employers list for students studying business, computer science and liberal arts. The ranking is a result of input from more than 70,000 students and professionals. Universum’s employer rankings reveal which employers are most attractive to talent and determine a business’s ability to attract top talent.
Bank of America’s commitment to diversity and inclusion extends to our suppliers, something that has earned us recognition among the “best of the best” corporations committed to diversity and inclusion by the National Gay & Lesbian Chamber of Commerce and National Business Inclusion Consortium.
Military Times named Bank of America on its Best for Vets: Employers 2016 list. Rankings were based on company culture, recruiting, policies and accommodations for reservists.
Bank of America has been recognized as a 2020 Women on Boards Winning “W” Company for 2015. Winning companies champion board diversity by having 20 percent or more of the board seats held by women. 2020 Women on Boards is a nonprofit grassroots campaign committed to increasing the percentage of women who serve on company boards by 20 percent or greater by the year 2020.
Our commitment to a diverse and inclusive workplace has earned Bank of America a place on the National Association for Female Executives (NAFE) Top Companies for Executive Women list for 2016. NAFE evaluates companies based on women’s advancement, including succession planning, support programs and work-life balance programs.
Bank of America Merrill Lynch has been named one of Stonewall’s Top 100 Employers for 2016. The Stonewall Workplace Equality Index is an annual survey conducted to determine the best employers for lesbian, gay, bisexual and transgender staff to work in the United Kingdom. This year, more than 400 employers submitted entries, the highest number since it first began in 2005. Rankings were based on various employment policy and practice areas including training, employee networks, career development, mentoring and community engagement.
- In June, Merrill Edge was recognized in five recent industry reviews, highlighting its excellence in customer service and educational resources. In addition to being named one of the top online brokers in Barron’s 2016 Best Online Broker Survey, Merrill Edge was awarded high rankings in the StockBrokers.com 2016 Online Broker Review, 2016 Investor’s Business Daily Best Online Brokers Report, 2015 International Service Excellence Awards, and 2015 Corporate Insight e-Monitor Awards.
- Bank of America Merrill Lynch’s three EMEA women’s networks (LEAD for Women, the Global Banking and Markets Women’s Leadership Council, and Women in Technology and Operations) won the 2016 Women in Banking & Finance “Team Diversity” Award. These three networks play an essential role in building the culture of our company, developing role models, connecting individuals across the firm, and supporting Bank of America Merrill Lynch’s efforts to recruit diverse talent.
- In May, Bank of America Merrill Lynch was recognized by Environmental Finance’s Green Bond Awards as the biggest green underwriter in 2015. The Green Bond Awards recognize best practices from corporations in the green bond market.
- In May, Bank of America Merrill Lynch received recognition from Global Finance magazine in the publication’s program, The Innovators 2016, which recognizes innovations in trade finance, corporate finance, transaction services, and foreign exchange. BofA Merrill was named an innovator for its original products and solutions in three categories: Foreign Exchange (Product innovation: cross-currency ACH); Trade Finance (Process innovation: Bank of America Merrill Lynch CashPro Trade™, document retrieval solution); and Transaction Services (Process innovation: digitized wholesale lockbox).
- On May 3, the 2016 Bloomberg Financial Services Gender-Equality Index (BFGEI) recognized Bank of America as a global leader in gender equality and supporting women in the workplace. The index highlighted the company’s representation of women at all levels, its leading talent development and benefit programs, gender-conscious product offerings for its clients, and active support and engagement on these issues in local communities the company serves. Those included on this year's index scored at 60 points or more, a global threshold established by Bloomberg to reflect data transparency and the achievement or adoption of best-in-class statistics and policies.
- Bank of America Merrill Lynch was shortlisted for the ASDA Environmental Leadership Award as part of the BITC Responsible Business Awards in April. The awards recognize companies for integrating social and environmental considerations into their business strategies.
- In April, Bank of America Merrill Lynch was recognized by Celent as a Model Bank in the Digital Payments and Cards category for its Digital Disbursements payments solution. Celent is a global research and advisory firm for the financial services industry. The Celent Model Bank Awards recognize the best practices of technology usage in different areas critical to success in banking.
- In April, Bank of America Merrill Lynch (BofA Merrill), a leader in card services for middle-market, large corporate and public sector clients, 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.
- In March, Bank of America was a finalist for the PR News CSR awards in two categories for Recycle Now, part of the My Environment employee program. The awards honor companies that are making an impact in their communities through their CSR initiatives.
- In February, Bank of America Merrill Lynch received recognition from the Green Bond Pioneer Awards in the “Commercial Bank Pioneer” category for the first commercial bank green bond. The awards recognize pioneers that demonstrate the potential of green bonds.
- On Feb. 23, financial trade publication Treasury Management International (TMI) named Bank of America Merrill Lynch as the winner of nine leading industry awards. In TMI’s annual awards for Innovation and Excellence in Treasury for 2015, BofA Merrill’s Global Transaction Services business received the largest number of awards of all nominees globally. BofA Merrill was the only financial institution to be recognized in all three of TMI’s product categories: cash and liquidity management, payments and collection, and financial supply chain management.
- In January, MBNA was voted Credit Card Provider of the Year for the third year in a row at the prestigious Consumer Moneyfacts Awards 2016. The annual Consumer Moneyfacts Awards provide financial services customers the opportunity to give feedback about the financial products they use. MBNA’s success in the Credit Card Provider of the Year category was based on Moneyfacts’ own research and customer feedback.