Bank of America Merrill Lynch (BofA Merrill Lynch) topped five categories in the 2011 Treasury Management International (TMI) Awards for Innovation and Excellence. Each year, TMI recognizes the banks who, in the clients’ view, best understand the challenges in the global treasury arena. Voters are from U.S. and regional companies in the financial institutions and corporate space.
Paul M. Donofrio, co-head of Global Corporate and Investment Banking for BofA Merrill Lynch said, “These awards are particularly gratifying as they are based on our clients’ views. Clients value our solution-oriented, integrated approach to corporate and investment banking as well as access to global treasury solutions, wherever they do business around the world.”
BofA Merrill Lynch was awarded the following TMI Awards:
- Best Bank Cash Management - North America (fourth consecutive year).
- Best Bank Financial Supply Chain - North America (fourth consecutive year).
- Best Bank Risk Management - North America (third time in four years).
- Best Bank Cash Management - South America.
- Global Bank of the Year - Capital Markets and Investment Banking.
The TMI awards are the latest in a series of accolades the firm has received in 2011, including Best Cash Management House in North America and Best Investment Bank in North America by Euromoney; Best Bank for Risk Management, North America, Best Overall Bank for Cash Management, North America and Most Creative Global Investment Bank by Global Finance; Best Trade Bank in North America by Trade & Forfaiting Review; and Most Innovative Investment Bank from North America by The Banker.
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. The company provides unmatched convenience in the United States, serving approximately 58 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,750 ATMs and award-winning online banking with 30 million active 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 4 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.
Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and members of FINRA and SIPC, and, in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.
Copyright 2011 Bank of America Corporation.
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Contacts:
Melissa Kitlowski, Bank of America Merrill
Lynch, 1.646.858.3929
melissa.kitlowski@bankofamerica.com
