|Company / Publication
|Award / Recognition
|Ascend Greater Washington
|Bank of America received the 2023 Inspiring Across Generations Corporate Partnership Award from Ascend Greater Washington. The Corporate Partnership Award is awarded to a company that has made the largest overall positive impact on the operations, functions, and initiatives of the Ascend Greater Washington chapter throughout the past year.
|American India Foundation (AIF)
|The American India Foundation (AIF) honored Bank of America with an award for our economic empowerment work in India. In 2022, AIF and Bank of America joined forces to launch Engage to Empower, a long-term career support program aimed at rebuilding the lives of women, persons with disabilities and youth from marginalized communities, particularly those impacted by COVID-19.
|American Opportunity Index
|Bank of America ranked no. 8 out of 400 companies on the 2023 American Opportunity Index, and no. 2 in Banking.
|Bank of America is one of only five organizations that scored 100% on the AsianUpward Workplace Excellence Index Survey by Elevate, which provides information to help organizations build Asian Pacific American (APA) talent, including recruitment, retention and development. It also recognizes a company’s commitment to advancing APAs in the workforce, workplace and marketplace.
|Bank of America received two Banking Tech awards, including Best Mobile Initiative for our Enterprise Mobile Platform as a Service (EMPaaS), which accelerates the delivery of mobile workplace applications; and Best Tech Overhaul – Back Office for Virtual On-Watch, our automated incident management tool.
|Merrill recognized on Barron’s Top 1,200 Financial Advisors list - Barron’s named 273 Merrill advisors to its Top 1,200 Financial Advisors list. This list ranked the advisors by state and Merrill had eight advisors recognized as No. 1 advisor in their state. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.
For the 18th consecutive year, Barron’s ranked Merrill as No. 1 on the Top 100 Women Financial Advisors list. This year, the bank had 16 financial advisors and five private wealth advisors, for a total of 21 Merrill advisors who achieved this recognition.
Merrill was recognized with two awards in the 2023 Barron’s and Money Management Institute’s Industry Awards, including the Sustainable & ESG Investing Award in recognition of the Sustainable Investing Educational & Awareness Campaign and The Chairman’s Award for our ongoing efforts to increase connections, knowledge, and growth in our industry.
|Black Enterprise named Bank of America on its 2023 Best Companies for Diversity, Equity & Inclusion list. This robust list highlights a select group of publicly traded corporations that have demonstrated an unwavering commitment to creating dynamic workforces, diverse corporate governance, expansive supply chains, and inclusive management.
|Bank of America recognized in Bloomberg’s Gender Equality Index - Bank of America was recognized as a leader in the 2023 Bloomberg Gender-Equality Index (GEI). This index is an annual listing of companies demonstrating leadership in their policies, practices and disclosures in support of gender equality. The GEI brings transparency to gender-related practices and policies at publicly listed companies, increasing the breadth of environmental, social, governance (ESG) data available to investors.
|Brandon Hall Group
|Bank of America was recognized by the Brandon Hall Group with 31 Human Capital Management Excellence awards – 23 of which were awarded to The Academy. Lines of business within The Academy that received awards include Wealth Management, The Private Bank, Retail and Preferred Banking and our horizontal learning initiatives. For the second consecutive year, we won all gold awards, and we’ve achieved an award rate of 100% for submissions.
|Bank of America recognized with Pro Bono Award by Cadwalader - Bank of America has once again been selected to receive a Pro Bono Award from Cadwalader for our commitment to providing access to justice to the underserved. This year, Cadwalader recognized six of their corporate pro bono partners who exceptionally helped to ensure the continued delivery of legal services to underserved communities.
|Celent recognized Bank of America in multiple award categories - Bank of America was recognized by Celent, a global research and advisory firm for the financial services industry, with the following:
Bank of America recognized with multiple awards from Greenwich - Bank of America was recognized by Coalition Greenwich with multiple awards – Share and Quality Leader (five awards across U.S. Corporate Banking, Cash Management and Trade Finance), Excellence (five awards for U.S. Large Corporate Banking and nine awards for U.S. Large Corporate Cash Management). The bank was also ranked top in several categories for the Greenwich Digital Transformation Benchmarking Rankings.
Coalition Greenwich recognized Bank of America with Share and Quality Leader awards in both Asia and China, as part of the 2023 Greenwich Excellence Awards for Asia Large Corporate Banking and Cash Management.
|Dave Thomas Foundation
|Bank of America tied for no. 16 on the Dave Thomas Foundation 2023 Best Adoption-Friendly Workplace list. The Foundation partnered with RTI International to survey employers across the U.S. which were scored on the criteria of financial reimbursement, paid leave, and percentage of employees eligible for benefits. The bank also ranked in the following breakout categories:
|At DealCatalyst’s annual U.S. Collateralize Loan Obligation (CLO) conference, BofA Securities placed #1 in the following categories:
|Bank of America earned a 100 score on the Disability Equality Index (DEI) by Disability:IN, and was recognized as one of the 2023 Best Places to Work for People with Disabilities. The DEI is the world’s most comprehensive benchmarking tool for the Fortune 1000 to measure disability workplace inclusion against competitors.
|BofA recognized with Workplace Award for disability inclusion - Springboard Consulting’s 17th annual Disability Matters North America Conference & Awards program recognized Bank of America with its Workplace Award. The awards honor companies for their innovative programs resulting in the successful outreach, recruitment, engagement and retention of candidates, employees and customers with disabilities.
|Diversity Woman Magazine
|Diversity Woman Magazine named Bank of America to their list of Best Companies for Women 2023. As one of the 16 organizations recognized on the list, Bank of America was chosen for many attributes, including its racially, ethnically and/or gender diverse Management Team, its 53% diverse (33% women) Board of Directors, and for the 2022 internship class which composed of 45% women.
EMEA Finance recognized Bank of America with three awards - EMEA Finance magazine recognized Bank of America at its Middle East Banking Awards program with three awards:
Bank of America’s Global Corporate & Investment Banking was recognized by EMEA Finance with the following house awards:
Bank of America’s Global Corporate & Investment Banking was recognized by EMEA Finance with the following deal awards:
EMEA Finance named Bank of America the Best Foreign Investment Bank in Gabon in the 2023 African Banking Awards.
|EMEA Corporate and Investment Banking
|Global Banking & Finance Review recognized EMEA Corporate and Investment Banking with the 2023 M&A Deal of the Year Nordics award as part of the Global Banking & Finance awards. The awards recognize companies in particular areas of excellence within the financial world and reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the Global Financial community
|Bank of America was recognized by Environmental Finance with the Impact Project / Investment of the Year award as part of their IMPACT Awards.
|Bank of America named to the Equileap Global 100 - BofA was named to the 2023 Global Top 100 for Gender Equality. This year the bank’s score increased to 67% in a ranking that measures gender balance in leadership, equal compensation, gender equality policies and accountability.
|The Private Bank recognized with multiple awards by Euromoney - The Private Bank was awarded 2023 Euromoney Private Banking awards for Best for Wealth Transfer/Succession Planning in the U.S. and Best for Digital in the U.S.
Euromoney Magazine has named Bank of America World’s Best Bank for Digital, Diversity and Inclusion, Financing and Markets, in addition to eleven regional and country awards - Bank of America won in the following global, regional and country categories:
|Merrill ranked No. 1 on Forbes’ inaugural Best-in-State Teams list - Forbes recognized 1,032 Merrill teams on the inaugural 2023 Forbes Best-in-State Top Wealth Management Teams list. Additionally, Merrill has the most teams recognized as No. 1 in State with 21 teams.
Merrill ranked No. 1 on Forbes’ top advisors lists - Merrill ranked No. 1 on Forbes’ America’s Top Women Wealth Advisors and Top Women Wealth Advisors Best-in-State lists, recognizing a total of 408 advisors. Additionally, Merrill has the most advisors recognized as No. 1 in State with 13 advisors listed.
BofA named one of America’s Best Large Employers by Forbes - Forbes named Bank of America as one of America’s Best Large Employers. The list is determined by a survey of 45,000 American workers determining whether they would recommend their current employer to friends and family.
Forbes recognized Bank of America as one of America’s Best Banks - Bank of America was named to this year’s list of America’s Best Banks. This list, published by Forbes each year, considers quality and profitability to rank the 100 largest publicly traded banks across the country.
Merrill ranked No. 1 on Forbes’ top advisors list - Forbes recognized 1,820 Merrill advisors on the Forbes Best-in-State Wealth Advisors list, Merrill holds the No. 1 position. Additionally, 51 of those Merrill advisors were named to the Forbes America’s Top Wealth Advisors published list. Jeff Erdmann, a private wealth advisor in Greenwich, CT is the No. 1 advisor on the national list. Merrill has the most advisors recognized as No. 1 in state with 23 total advisors ranking best in state.
Forbes recognized BofA on America’s Best Employers for Diversity list - Bank of America was named to Forbes’ America’s Best Employers for Diversity list. For its sixth annual list, Forbes partnered with market research firm Statista to recognize 500 companies that employees said excel at promoting diversity, equity and inclusion in the workplace.
BofA recognized as one of America’s Best Employers for New Grads - Forbes named Bank of America one of America’s Best Employers for New Grads. The results were based on survey responses from early career professionals on employer reputation, pay and benefits, career advancement opportunities, recognition and more.
Bank of America was named to Forbes’ inaugural list of America’s Most Cybersecure Companies 2023. This list recognizes the top 200 companies in the U.S. in terms of website security and cybersecurity infrastructure to ensure protection of employee, client and other major stakeholder information.
Merrill advisors hold the No. 1 position on the Forbes/Shook Research 2023 Top Next-Gen Wealth Advisors list for the seventh year in a row, leading all other competitors with the most advisors recognized. In addition, 31 financial and private wealth advisors ranked in the top 100, and 383 total advisors were ranked on the “Top Next-Gen Wealth Advisors Best-In-State” list, including 18 advisors recognized as the top advisor in their state.
Bank of America was recognized by Forbes on the 2023 World’s Top Companies for Women list.
Merrill had the most teams ranked on the Forbes/SHOOK Research list 2023 “America’s Top Wealth Management Teams High Net Worth” list, with 36 Merrill teams out of the 100 teams on the list. For the second consecutive year, VMT Wealth Management team were ranked in the top spot. In addition, 25 Merrill teams out of the 100 teams on the list were named to the 2023 “America’s Top Wealth Management Teams Private Wealth” list.
Bank of America ranked no. 61 overall on Forbes’ 2023 Best Employers for Veterans list. This year’s ranking is up four spots from 2022.
|Bank of America named one of the World’s Most Admired Companies - Bank of America again was recognized as one of the most admired companies overall and in the financial services industry. We achieved these by scoring highly in categories including people management, social responsibility and quality of management.
Bank of America named a Fortune Blue Ribbon Company - Fortune once again recognized Bank of America as one of its 2023 Blue Ribbon Companies. BofA appeared on four Fortune lists in 2022, including the Global 500, Fortune 500, 100 Best Companies to Work For and World’s Most Admired Companies. Blue Ribbon companies must have appeared on four of Fortune’s seven most rigorous rankings.
Fortune named BofA to America’s Most Innovative Companies list - Fortune named Bank of America as one of the nation’s most innovative companies “transforming industries from the inside out.” The inaugural list celebrates companies that have demonstrated success across three areas: product innovation, process innovation and innovation culture. Of the 300 most innovative companies recognized, Bank of America ranked No. 18.
Fortune recognized BofA on 100 Best Companies to Work For list - For the fifth consecutive year, Bank of America has been named to the Fortune 100 Best Companies to Work For list, the only global financial institution to appear on the list. In profiling Bank of America, Fortune and the Great Place to Work Institute highlighted our minimum wage of $22/hour on our way to $25 by 2025, in addition to our focus on wellness and commitment to the community.
Bank of America was ranked no. 27 on Fortune and Great Place to Work’s 2023 100 Best Workplaces for Women list. The bank’s ranking is up from the no. 94 spot in 2022. To determine results, Great Place To Work analyzed the gender balance of each workplace, how it compares to Bureau of Labor Statistics industry data, and how representation changes as women rise from front-line positions to the board of directors.
Fortune and Great Place to Work ranked Bank of America no. 17 on the 2023 Best Workplaces for Parents list. The ranking is up from the no. 57 spot in 2022.
Bank of America’s Global Markets was recognized at GlobalCapital’s European Securitization Awards 2023 program with the following awards:
Bank of America’s Global Corporate & Investment Banking was recognized at GlobalCapital’s European Bond Awards 2023 program with the following awards:
Bank of America was recognized at GlobalCapital’s Global Derivatives Awards 2023 with five awards in the Americas, including Americas Derivatives House of the Year and Americas Commodity Derivatives Bank of the year, as well as one global derivatives award for Commodity Derivatives Bank of the Year: Europe & Asia
|Global Finance recognized Bank of America with several awards, including:
Global Finance recognized Bank of America as the World’s Best Bank in it’s World’s Best Banks 2023 report. Winners were selected based on performance over the past year and other criteria including reputation and management excellence. Global Finance’s editorial board also made the selections with input from corporate financial executives, analysts and bankers throughout the world.
Global Finance magazine recognized The Private Bank as the Best Private Bank in the U.S. in its annual Private Bank Awards, which honors banks that best serve the specialized needs of high-net-worth individuals. The Private Bank was also recognized as Best Private Bank for Sustainable Investing in North America and Best Private Bank Globally for Philanthropic Services.
|Global Private Banker
|Global Digital Banker and The Digital Banker recognized The Private Bank with the Best Private Bank in North America award, and Merrill with two awards for Best Account Opening and Onboarding Technology and Outstanding Use of Technology in the 2023 Global Private Banking Innovation Awards.
|Global Treasury Review
|Global Treasury Review (GTR) recognized Bank of America as the Best Trade Finance Bank in North America in its 2023 Leaders in Trade Awards program. The Leaders in Trade awards highlight excellence in the trade, commodity, supply chain and export finance and fintech markets.
|BofA named one of top 10 buzziest companies Gen Z wants to work for - Handshake Network Trends’ report recognized Bank of America as one of the top 10 buzziest companies Gen Z wants to work for. Handshake, the college and new-grad career site, analyzed search traffic on the platform in the last year and surveyed 954 students from the class of 2023, with Bank of America being one of the top 10 companies that saw the fastest growth in search interest on its site in the last year, up by 42%.
|Hispanic Association for Corporate Responsibility
|Bank of America scored a 5-star rating on the Hispanic Association for Corporate Responsibility (HACR) Corporate Inclusion Index. The HACR Corporate Inclusion Index™ Report is conducted by HACR’s Research Institute to measure Hispanic inclusion in HACR’s four pillars of economic reciprocity: Employment, Procurement, Governance, and Philanthropy.
|Human Rights Campaign
|The Human Rights Campaign (HRC)in Brazil, in partnership with Instituto Mais Diversidade and the Forum de Empresas e Direitos LGBTI+, recognized Bank of America as one of Brazil’s Best Places to Work for LGBTQIA+ People in its second annual HRC Equidade BR: Global Workplace Equality Program report.
Bank of America was recognized by Human Rights Campaign Foundation with a perfect score of 100% on the 2023 Corporate Equality Index.
|Institutional Investor recognized BofA Securities and BofA Global Research with the following Latin America Research Team rankings:
Institutional Investor ranked BofA Securities as the no. 1 Top Corporate Access Provider in both Developed Europe and Emerging EMEA. The selection was based off of a survey where respondents valued companies based on a number of attributes including conferences, field trips, logistics, roadshows, team quality, and virtual events.
For the first time since 2015, BofA Global Research ranked No. 1 overall in Institutional Investor’s annual client survey of equity research firms in North America. According to the results of Institutional Investor’s 52nd All-America Research Team, our company had 49 total ranked positions — up four since 2022.
BofA Securities was ranked as the no. 2 All-America Trading Team by Institutional Investor in the 2023 trading and execution survey. The survey polled more than 230 buy-side traders and other investment professionals at over 220 asset management firms with investments in U.S. equities, asking them to rate brokers in four categories for trading and execution.
Bank of America Global Research earned the no. 2 overall ranking in Institutional Investor’s 2023 Global Fixed-Income Research Team survey. Our company also captured no. 1 rankings in 53 different categories with a total of 104 ranked positions. Regional highlights include:
|IFR - International Financing Review
|Bank of America recognized by International Financing Review - International Financing Review recognized Bank of America with three awards at its IFR Awards program, including:
|Bank of America’s Merchant Services recognized by J.D. Power - Bank of America has again won the highest ranking for customer satisfaction in the J.D. Power 2023 U.S. Merchant Services Satisfaction Study. J.D. Power surveyed more than 4,800 small business customers nationwide about their primary payment providers and ranked Bank of America best overall in its 2023 report. Bank of America also earned the highest ranking in four of the five factors measured, up from three out of five in 2022.
Bank of America ranked No. 1 for Retail Banking Advice and Banking Financial Health Support in the J.D. Power 2023 Financial Health & Advice study. J.D. Power is a global leader in consumer insights, advisory services and data and analytics. Based on responses from more than 23,000 consumers nationwide, the study measures the experiences of clients from the largest financial institutions in the U.S., quantifying the impact of advice on client loyalty.
For the 14th consecutive year, the J.D. Power Certified Customer Service Program has recognized Bank of America’s Corporate, Global Commercial and Business Banking Services organization for delivering outstanding client service. The certification includes meeting the cross-industry J.D. Power top-performer customer satisfaction benchmark and a detailed evaluation of our customer service operations.
|Bank of America recognized as America’s Most JUST Company - Bank of America ranked No. 1 on JUST Capital’s 2023 rankings of America’s Most JUST Companies. This is the seventh annual ranking and the first year a finance company has led the list. We were also named No. 1 in three subcategories: Banks, For Workers In Banks and For Environment In Banks. Our company has risen steadily over the past five years, from No. 104 in 2018 to No. 71 in 2020 to No. 5 in 2022, and No. 1 this year.
BofA recognized on JUST Capital’s Top 4 Companies for Women list - JUST Capital recognized Bank of America as one of the top 4 companies for women in 2023. To bring transparency to gender parity, JUST Capital analyzed which companies were leaders for supporting women in the workplace — and Bank of America was one of the highest performers.
Bank of America ranked No. 1 on JUST Capital’s 2023 Top 10 Companies for Workers list. The list recognizes companies for being a Great Place to Work. Our diverse and inclusive workplace, competitive pay, industry-leading benefits and development programs are a just a few of the reasons why Bank of America was presented with this prestigious recognition.
|BofA recognized on Top 15 Employee Resource Groups list - Bank of America’s Hispanic-Latino employee resource group, HOLA, was recognized on Latina Style’s Top 15 Employee Resource Groups list. Established in 2003, with more than 21,000 HOLA members in 21 states, Bank of America and HOLA were recognized for fostering an inclusive environment.
Bank of America was ranked no. 2 on Latina Style’s Top 50 Best Companies for Latinas to Work for in the United States list. The list serves to spotlight exemplary practices in Diversity, Equity, and Inclusion, in addition to the implementation of initiatives tailored to attract, retain and advance Latina talent. The companies named demonstrate a profound understanding of the pivotal role they play in fostering a distinctive environment that champions Diversity and inclusion.
Bank of America ranked no. 2 on Latina Style’s 50 Top Companies of the Year for Latinas.
|Latino Corporate Directors Association
|The Latino Corporate Directors Association (LCDA) recognized Bank of America with the 2023 LCDA Corporate Visionary Award. This award recognizes Bank of America's outstanding commitment to advancing Latino representation within corporate boardrooms by having a minimum of two US Latinos serving on their boards.
|Bank of America named to LinkedIn’s Top Companies list - Bank of America ranked No. 4 on LinkedIn’s Top Companies list, which highlights the 50 best U.S. workplaces for career growth. In featuring Bank of America, LinkedIn highlighted several of our employee benefits, including our industry-leading sabbatical program, back-up childcare and eldercare services and confidential counseling sessions available through our Employee Assistance Program.
|Military Times ranked Bank of America no. 4 on its 2023 Best for Vets: Employers list. This year’s ranking is one spot up from 2022.
|NAAAP - National Association of Asian American Professionals
|The National Association of Asian American Professionals Atlanta recognized Bank of America with the 2023 Sponsor of the Year Award for dedicated financial support above and beyond the baseline sponsorship commitments and providing time and talent from employees to further the organization’s mission in the advancement of Asian America professionals.
|NBA - The National Bar Association
|Bank of America recognized with Corporation of the Year award - The National Bar Association Commercial Law Section recognized Bank of America with its John Lewis, Jr. Corporation of the Year award – one of the highest honors presented annually by the association. Bank of America’s attorneys were notably recognized for serving on panels at their annual Corporate Counsel Conference and consistently supporting the association.
|BofA named to America’s Greatest Workplaces for Diversity list - Newsweek recognized Bank of America as one of America’s Greatest Workplaces for Diversity. Newsweek, in cooperation with Plant-A Insights Group, conducted an independent study to determine the list. The study has been determined by conducting a large-scale independent survey with over 380,000 completed company reviews by employees who work for companies employing at least 1,000 employees in the U.S.
BofA named to America’s Greatest Workplaces for Women list - Bank of America was named to Newsweek’s America’s Greatest Workplaces for Women list. The list is based on a large study and a survey of a sample set with over 37,000 women, working in the U.S. for companies that employ at least 1,000 employees.
BofA named one of America’s Greatest Workplaces for LGBTQ+ - Newsweek recognized Bank of America as one of America’s Greatest Workplaces for LGBTQ+. The list identified top companies that, according to their research, including the results of a survey of more than 57,000 employees who identify as LGBTQ+, ranked the highest on criteria like “proactive management of a diverse workforce.”
Newsweek, in partnership with Plant-A and GIST Impact, recognized Bank of America as one of America’s Greenest Companies. The rankings identified the top 300 companies in the US for progress in positively changing their sustainability footprint. Supported by research and analysis, company evaluations are based on greenhouse gas emissions, water usage, water generation, waste generation, and sustainability data disclosures and commitments.
|Pensions & Investments
|Pensions & Investments recognized The Private Bank as the largest U.S. Outsourced Chief Investment Officer (OCIO) provider for Endowments and Foundations in the Outsourcing Special Report. The recognition highlights the dedicated focus and consistent, steady growth over the past six years that has vaulted Bank of America to become the leader in this strategically important space.
|People Magazine and Great Place to Work US recognized Bank of America on the 100 Companies that Care list for the fifth year in a row. This year, Bank of America was ranked at number 21 on the list which recognizes and honors companies across the US for employee benefits and perks, commitment to social justice, green initiatives, outstanding support for customers and more. Rankings are based on more than 7.5 million employee experiences.
|Professional Wealth Management
|The Private Bank and Merrill were recognized by Professional Wealth Management in multiple categories in the Wealth Tech Awards. Both lines-of-business received the award for Best Private Bank use of Technology and The Private Bank was awarded with the Best Digital Client Service in North America award.
The Private Bank was recognized by Professional Wealth Management in the annual Global Private Banking Awards as the Best Private Bank in the U.S. and the Best Private Bank for Philanthropy Services in the U.S. The Private Bank also received honorable mention for Best Private Bank for Succession Planning in the U.S.
|Risk.net named Bank of America Currency Derivatives House of the Year as part of the 2024 Risk Awards. The recognition is a result of emerging market options investments that were perfectly timed for a surge in carry trade activity. Bank of America’s FX derivatives business has spent two years investing heavily across developed and emerging markets trading to prepare for this, while also bolstering its corporate and institutional franchises to help offset these flows and price more keenly.
|Seramount recognized Bank of America as a Top Company for Executive Women for the third consecutive year. The list is based on 2022 data which examined how many employees have access to programs and policies that promote advancement of women and how many women employees use them, as well as how companies train managers to help women advance. Companies must also have at least two women on the Board of Directors.
Bank of America ranked No. 3 on Seramount’s 2023 100 Best Companies list. Factors that contributed to our ranking were our workplace profile, benefits, company culture and employee recruitment, retention and advancement.
|Society of Hispanic Professional Engineers
|Society of Hispanic Professional Engineers (SHPE) recognized Bank of America as the Company of the Year in the 2023 SHPE Technical Achievement and Recognition awards. The awards honor companies and organizations, for demonstrating significant, measurable, and visible assistance to further SHPE’s programs as well as the advancement of Hispanics in STEM careers.
|Stevie American Business Awards®
|Bank of America was recognized with two Gold awards from Stevie®, one of the world’s most recognized business awards. BofA’s Sherlock machine learning application won in the Big Data Solution category, and Virtual On-Watch won in the Best Technical Support Solution – Computer Technologies category.
|Bank of America named to Stonewall Workplace Equality Index - Bank of America was named to Stonewall’s UK Workplace Equality Index – a benchmarking tool measuring progression on LGBTQ+ inclusion in the workplace. Bank of America also received a gold award and was named a Top 100 Employer in recognition of our diversity and inclusion practices.
|The Asian Banker
|The Asian Banker recognized Bank of America with multiple awards in the 2023 International Transaction Finance Awards. The bank was awarded for Best International Transaction Bank in Asia Pacific and Best International Cash Management Bank in Asia Pacific.
The Asset recognized Bank of America as Best eSolutions Provider for Transaction Services for the Asia Pacific region in its Triple A Awards program. The bank was recognized with the following deal awards:
The Asset recognized Bank of America in the 2023 Triple A Sustainable Infrastructure Awards with the following deal awards:
The Asset recognized EMEA Global Markets with the Best Sustainable Sukuk award as part of the Triple A Islamic Finance Awards. The awards recognize the best Islamic banks and houses, as well as the deals that defined the industry during the review period.
|The Banker recognized Bank of America as the Best Transaction Bank in North America as part of the annual Transaction Banking Awards. The recognition celebrates companies for offering targeted and tailored services to global transaction banking clients, with services supported by continued embrace of digital technologies, mobile-first based products and an embrace of global initiatives such as open finance and the move toward ISO 20022.
|The Family Wealth Report
|The Private Bank was recognized by The Family Wealth Report as Best National Private Bank. In its 10th year, the annual Family Wealth Report Awards program recognizes the most innovative and exceptional firms, teams and individuals serving the family office, family wealth and trusted advisor communities in North America.
|Bank of America ranked no. 9 on TIME’s and Statista’s inaugural Best Companies for Future Leaders list. Results were based on the resumés of 2,000 of the country’s award-winning academics, political figures, and CEOs of the largest companies to determine which private sector companies appear most often on their journeys to the top.
|TMI - Treasury Management International
|Treasury Management International recognized Bank of America with multiple awards, including:
|The Private Bank was recognized by WealthBriefing for the Best Private Bank Philanthropy Offering or Initiative (Americas) in the 2023 Wealth for Good Awards. These awards recognize participants in the global wealth management industry for demonstrating their commitment to and pre-eminence in the crucially important areas of ESG, Impact, Diversity and Inclusion.
|WealthManagement.com’s ninth annual industry awards program recognized Bank of America’s wealth management business as a finalist in five categories:
Wealthmanagement.com recognized The Private Bank with the “Best in Trust” award for it’s business support model, during the ninth annual Industry Awards. The awards program attracted more than 1,000 entries from 413 companies, out of which The Private Bank was selected. The recognition is a result of the work to make interactions easier for Trust clients, while supporting them with sophisticated trust and wealth planning advice.
|WealthTech Americas Award
|Merrill recognized with WealthTech Americas Award - Merrill was recognized with the WealthTech Americas Award for Digital Offering or Tools for the Mobile Advisor Experience App (MAX). MAX is the first advisor-dedicated mobile application within full-service firms that offers advisors the ability to securely access client information and perform crucial tasks while away from their workstation.
|Bank of America recognized with Private Asset Management award - With Intelligence recognized The Private Bank with a Private Asset Management award for Best Philanthropic / Educational Initiative. The award recognizes Bank of America’s Study of Philanthropy as an impactful educational initiative.
|Women's Business Enterprise National Council (WBENC)
|BofA named a Top Corporation for Women’s Business Enterprises - Bank of America was named a 2023 Top Corporation for Women’s Business Enterprises by the WBENC in recognition of our work driving sustainable inclusion of women-owned businesses in our supply chain and empowering local communities through economic growth and job creation. This is the 13th consecutive time the WBENC has named us as a recipient.
|Company / Publication
|Award / Recognition
|Recognized Merrill Lynch Wealth Management and Private Bank’s new Client Engagement Workstation with the Digital Wealth Management Impact Innovation Award for Digital Client Engagement
|American Carbon Registry
|Bank of America received the 2022 American Carbon Registry (ACR) Corporate Excellence award for ambitious corporate climate action
|American Financial Technology Awards (AFTAs)
|Recognized Bank of America for Best AI/Machine Learning Initiative for Sherlock, awarded for Best Analytics Initiative for Connect Studio, honored Bank of America with the 2022 Best Infrastructure Initiative award
|American Heart Association
|Bank of America received the Gold level recognition in its 2022 Workplace Health Achievement Index
|Auto Finance News
|Received the Auto Finance Excellence Award
|BAI Small Business Benchmarking Study
|Ranked No. 1 in Small Business Checking Digital Service penetration, Mobile Banking penetration and Remote Deposit Capture penetration
|Banking Tech Awards
|Best Digital Initiative for Bank of America Mobile App
|Named “Best for Bank of America Loyalists”, “Best for Choice of Cash Back Category”, and “2021 Best Online Brokers for Stock Trading”
|Recognized Bank of America as a leader in the 2022
|Brandon Hall Group
|Received 23 awards recognizing the bank’s success in developing programs, resources and tools for leadership and career growth.
|Awarded one of the “22 companies spearheading digital innovation in their industries in 2021”
|Business Group on Health
|Bank of America was one of 44 companies to receive the prestigious Business Group on Health Best Employers, Excellence in Health & Wellbeing Award for 2022
|Named Bank of America's Travel Rewards and Cash Rewards credit card one of the Best Credit Card Sign-Up Bonuses and Best Secured Credit Cards for Young Adults.
|Received a 2022 Model Bank award for Bank of America’s CashPro App for Corporate Digital Banking and a 2022 Model Wealth Manager award for Client Experience for Bank of America’s mobile app
|Ranked the top spots in Account Information, Account Servicing, Investor Questionnaires, Fund and Account Transfers, and Mobile Alerts and Notifications
|Recognized Bank of America with the Retail Banking Innovation award for Best Digital Bank
|Scored 100 on the 2022 and 2021 Disability Equality Index
|World’s Best Bank for 2022, World’s Best Bank in Payments and Treasury, Best Bank in the U.S., North America's Best Bank for Corporate Responsibility, Best Bank for SMEs and Best Bank for Transaction Services
|Executive Leadership Council
|Recipient of the 2021 Executive Leadership Council Corporate Award
|Awarded the “Best International Investment Bank in India”
|In 2022, Bank of America was recognized on several lists including America's Best Large Employers, Best Employers for New Grads, Best Employers for Women, Best Employers for Diversity, America’s Best Banks, World’s Top Female-Friendly Companies list in 2022, ranked No. 26 on the 2022 America’s Best Employers for Veterans list, Merrill Lynch was ranked No. 1 in “Best-in-State Wealth Advisors” list, led America’s Top Women Wealth Advisors list, and led the Top Next-Gen Wealth Advisors List.
|Merrill Lynch leads “America’s Top Women Wealth Advisors” rankings
|Bank of America received the Enterprise Architecture Award and tied No. 1 for Overall Digital Experience (4th consecutive win)
|Named one of U.K.’s Best Places to Work list
|Great Place to Work
|Ranked No. 8 on the 2022 Best Workplaces for Parents list
|In 2022, the Bank received the top ranking in several awards including Banks serving U.S. large corporate companies, Share leader in U.S. Corporate Banking, Provision of Services across Cash Management, Trade Finance and FX (ranked 1), and the ability to provide end-to-end digital process.
|Bank of America was selected as 2021 Hispanic Information Technology Executive Council (HITEC) Corporation of the Year for exemplary leadership and commitment to HITEC and the Hispanic community.
|Human Rights Campaign’s (HRC)
|Earned 100% in Corporate Equality Index and one of the “Best Places to Work for LGBTQ Equality”
|Ranked Bank of America’s Global Research No. 2 Top Global Research Firm. Ranked BofA Securities No. 1 for Fixed Income Research in Asia and Japan for 2021 — for the third consecutive year in Asia and for two of the past three years in Japan.
|Received J.D. Power Certified Customer Service Program has recognized Bank of America’s Corporate, Global Commercial and Business Banking Services for providing “An Outstanding Customer Service Experience” for 2022. Selected as the No. 1 in customer satisfaction and payment processing, in the 2022 U.S. Merchant Services Satisfaction study, outstanding customer service experience (12th consecutive year) and Online and Mobile Banking. Additionally, Bank of America was ranked No. 1 nationally for retail banking advice.
|Bank of America achieved Best in Class in mobile and digital banking
|Bank of America ranked 11th (out of 100) on its 2022 Workforce Equity and Mobility Ranking, 5th on its 2022 list for American companies defining just business behavior and ranked 3rd in Top 100 U.S. Companies Supporting Healthy Families and Communities
|In 2022, Bank of America was ranked the top spots in Small Business Banking Digital Functionality, Credit Card Scorecard, Digital Card Sales, Functionality, and Digital Mortgage and Home Equity Experience
|Bank of America’s Hispanic-Latino employee resource group, HOLA, was recognized on Latina Style’s Top 15 Employee Resource Groups list.
|Ranked 8th in Top 50 Companies in the U.S. 2022 list
|Preferred Rewards program awarded 2022 Best in Class for Customer Loyalty Team, Customer Focus, Program Strategy and Design, B2B Customer Loyalty
|Ranked 5th on its 2022 Best for Vets Employers list
|Money Management Institute (MMI)/Barron’s
|Digital Innovation Award for Merrill’s Digital Wealth Overview
|National Bar Association Commercial Law Section
|Recognized Bank of America with its John Lewis, Jr. Corporation of the Year award – one of the highest honors presented annually by the association. Bank of America’s attorneys were notably recognized for serving on panels at their annual Corporate Counsel Conference and consistently supporting the association.
|National LGBT Chamber of Commerce (NGLCC)
|Named Bank of America Corporation of the Year for 2022
|In 2022, Bank of America was recognized on the America’s Most Responsible Companies list.
Recognized Bank of America in the “America’s Best Loyalty Programs”
|Out & Equal
|Awarded the 2021 Belonging and Equity Visionary Award
|Ranked No. 10 on PEOPLE’s 100 Companies that Care list for fourth consecutive year
|Professional Wealth Management
|Recognized Bank of America Private Bank and Merrill Lynch Wealth Management for Best Use of Technology in North America, Best Use of Technology for Client Acquisition
|Bank of America was named a winner for its Military Support & Assistance Group in the ERG Impact Awards’ Workforce Impact category. The company was also recognized on two of Seramount’s top companies list. Bank of America ranked No. 7 on the 100 Best Companies list – the only large bank in the top 10 – and was recognized in the top 10 group on the Best Companies for Dads list.
|Received two Gold awards for its technology platforms: Enterprise Mobile Platform as a Service and Enterprise Platform Automation Service. Received a Silver award for our integrated mobile app.
Honored Bank of America with 18 different Great Employer Awards highlighting the commitment to training, talent development, and being a great workplace. One of the 18 Stevie Awards for Great Employers received includes a Gold Award for the Private Bank Career Advancement Program (CAP). With this 2022 recognition, we’ve received 62 Stevie Awards for Great Employers since 2020.
|Recognized Bank of America with Resilience Through Adversity award for supporting employees and their families during the Covid-19 pandemic
|The Asian Banker
|Bank of America named “Best International Transaction Bank”
|Bank of America named 5th Most Valuable U.S. Banking Brand in 2021, in 2021, and honored as Transaction Bank of the Year for North America and Bank of the Year for Supply Chain Finance in 2022
|The Digital Banker
|Bank of America Private Bank recognized as the Best Private Bank in North America in 2022
|Named one of the Top 50 Employers for Women in recognition for its efforts towards gender equality.
|U.S. News & World Report
|Named Bank of America “Best in Student Credit Cards”
|Recognized Bank of America for best reporting platform or service for Connect Studio.
|Recognized Bank of America for Broker Dealer for Client Engagement Workstation and Best Private Bank for Use of Technology
|Women's Business Enterprise National Council
|BofA name a Top Corporation for Women's Business Enterprises
|Working Mother Magazine
|Bank of America received several awards including 2021 Best Companies for Multicultural Women list (ranked 4), 2021 100 Best Companies (ranked 5) and 2021 Best Companies for Dads (ranked 4).