Awards and Recognition

7/12/18 9:00 am EDT

Euromoney named Bank of America as 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.

“Bank of America today looks like the template for modern-day banking,” Euromoney said. “The belief articulated relentlessly by more...

6/27/18 2:46 pm EDT

Bank of America Merrill Lynch has been selected as the top financial innovator in North America by Global Finance, a monthly magazine for corporate leaders, bankers and investors. The publication also chose BofA Merrill’s Intelligent Receivables as one of its 19 top financial innovations of the past year. The awards are part of Global Finance’s The Innovators 2018 program.

The North America recognition focuses on five innovations from BofA Merrill’s Global Transaction Services (GTS) team:

4/24/18 3:57 pm EDT

Bank of America was named today 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.

“We are proud that our customer-focused innovation earned Bank of America recognition as Celent’s 2018 Model Bank of the Year,” said Aditya Bhasin, Consumer and Wealth Management Technology more...

4/19/18 12:35 pm EDT

Bank of America today announced that its Global Information Security group has won the SC Magazine Professional Award for Best Security Team.

The award was presented to Bank of America’s Global Information Security Group on April 17 during the 2018 SC Awards Gala held in San Francisco, Calif. Craig Froelich, Bank of America’s chief information security officer (CISO), was also named as a finalist in the “CSO of the Year” category.

The 2018 Professional Award winners were chosen by a panel of judges comprised of recognized security professionals and leaders from a variety of more...

3/27/18 9:00 am EDT

Merrill Edge has again been recognized by Barron’s as one of the top online brokers. In the 2018 Barron’s Best Online Broker Survey1, Merrill Edge received an overall ranking of four stars out of five for the fifth consecutive year. Merrill Edge retained its top position from last year for In-Person Services, earning 4.5 out of five stars, and was ranked among the best for Long-Term Investing, Investor Education, and Novices.

“We are proud to be recognized year after year by Barron’s, and number one again this more...

2/28/18 9:00 am EST

Treasury Management International (TMI), a publication focusing on issues affecting treasury and financial professionals, has named Bank of America Merrill Lynch (BofA Merrill) 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.

BofA Merrill was named:

  • Best Bank for Cash & Liquidity Management for China
  • Best Bank for Cash & Liquidity Management for North America

 

“The bank’s strength in North America is well- more...

10/18/17 5:00 am EDT

Bank of America Merrill Lynch (BofAML) has won three awards across Foreign Exchange (FX) and Global Transaction Services (GTS) in EMEA Finance magazine's Treasury Services Awards 2017.

The awards, presented during a ceremony at Sibos in Toronto, include:

  • Best Treasury Services in EMEA award (third consecutive year).

  • Best Foreign Exchange Services in Europe (fifth consecutive year).

  • Best Foreign Exchange Services in EMEA (sixth consecutive year).

Commenting on the bank's success, Christopher Moore, publisher of EMEA more...

9/21/17 3:02 pm EDT

Bank of America been named as a leader in supporting people with disabilities. The company announced today 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 more...

9/7/17 11:45 am EDT

Bank of America Merrill Lynch (BofA Merrill) has 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.

This is the second time BofA Merrill has won Most Innovative Investment Bank, having also received The Banker’s top award in 2013.

In addition to Most Innovative Investment Bank, the firm received the more...

9/7/17 10:30 am EDT

Merrill Lynch Wealth Management announced today 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.

“As our client base continues to evolve, our ‘next-gen’ advisors are helping us build a firm that’s modern, connected, successful and appealing to millennials as one of the best places to work. We are extremely proud of this group of financial advisors and congratulate them on this well-earned recognition,” said Andy Sieg, more...

8/30/17 9:30 am EDT

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 the ranking, Merrill Edge earned 4.5 stars out of 5 overall. It received 5 out of 5 stars for its tools and research; 4.5 out of 5 for its mobile platform; and more...

7/12/17 10:00 am EDT

Once again, Bank of America Merrill Lynch (BofA Merrill) saw its commercial card business reach a new benchmark, according to the annual ranking of U.S. purchase volume for the 2016 calendar year recently published in The Nilson Report, a card payments industry publication.

BofA Merrill processed $56.3 billion in U.S. purchases in 2016 across three categories – purchasing cards, corporate cards and prepaid cards, a 9.2 percent increase over 2015. This total enabled BofA Merrill to maintain its No. 1 ranking in the combined more...

7/7/17 4:00 am EDT

Euromoney magazine this week named Bank of America the World’s Best Bank in two key areas: Corporate Social Responsibility (CSR) and Advisory.

Best Bank for CSR: This award goes to the firm that demonstrates excellence in its initiatives, achievements and milestones, and how it has helped clients improve their CSR credentials. Charitable and philanthropic ventures are important, but Euromoney focused its deliberations on those that provide financial or market solutions.

This is the second year that Bank of America has won the CSR accolade, having received more...

3/24/17 9:00 am EDT

Merrill Edge® has again been recognized as one of the top online brokers in several industry-leading reviews and rankings: Barron’s, StockBrokers.com, and the International Service Excellence Award. The recognition highlights Merrill Edge’s excellence in customer service, research and technology, with mobile app function and capabilities commended.

“We are proud to be named in the top awards and rankings within the industry, and noted for our client-centric approach,” said Aron Levine, head of Merrill Edge. “These awards highlight our dedication to providing our clients world-class, more...

3/13/17 9:00 am EDT

Merrill Lynch Wealth Management today 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.

“As we enter a new bull market for wealth management advice, we are delighted and proud to see the leadership and excellence of our advisors being recognized by Barron’s,” said Andy Sieg, head of Merrill Lynch Wealth Management. “These advisors are focused on the life goals and priorities of their clients, and more...

3/8/17 10:00 am EST

Treasury Management International (TMI), a publication covering the transaction services industry, has 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.

BofA Merrill was especially strong in the Payments & Collections category, winning three regional or country awards in addition to the global recognition. The full list of BofA Merrill awards is:

  • Global Bank of the Year for Payments & Collections

  • more...
1/23/17 6:00 am EST

Bank of America has once again been named as a global leader in supporting the development and success of women in the workplace. The company announced today that it has been included in 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.

Bank of America’s inclusion in the BFGEI is the latest recognition of its commitment to gender equality and the development of women at the company and around the world. Bank of America was also more...

1/12/17 9:00 am EST

Bank of America today announced that Merrill Edge online brokerage received two “Gold Monitor Awards” and three “Silver Monitor Awards” in Corporate Insight’s 2016 e-Monitor Awards Report. The recognitions highlight Merrill Edge’s digital offerings, as well as the value and service provided to their customers.

“Our top priority is to help customers make more informed investment decisions,” said Aron Levine, head of Merrill Edge. “We are honored to receive this industry recognition, which is a strong reflection of our commitment to deliver a positive customer experience in an more...

1/12/17 9:00 am EST

Bank of America today announced that Merrill Edge has been designated 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.

“We’re proud to receive this prestigious recognition for our research tools,” said Aron Levine, head of Merrill Edge. “With so many more...

12/19/16 9:00 am EST

Bank of America Corporation today announced that its Merrill Edge Investment and Advisory contact centers have once again achieved 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 year in a row.

“Whether it’s on the phone, online, mobile or in person, it is our purpose to help customers make more informed investment decisions,” said Aron Levine, head of Merrill Edge. “We are proud to receive this prestigious customer more...