Line of Business Definitions
Serves mass market U.S. customers with a full range of financial products and services through award-winning digital banking capabilities, backed by a financial center network.
Retail Banking
Three main client groups Bank of America serves.
People, companies, institutions
Consumer Banking Market Leader
Ashley Larose
Rochester President
Colleen Matteson
Gives you the opportunity to connect someone in your life to a specialist who can answer questions, resolve issues, and help with products and services.
We Can Deliver
Delivers advisory and banking services for deposits, credit, treasury, trade, foreign exchange, equipment finance and merchant services to more than 11 million business owner clients and 3.4 million start-up to mid-sized businesses in the U.S. with annual revenues of up to $50 million through locally based client relationship teams.
Business Banking
Number of Lines of business Bank of America has.
8
Bus Banking Market Executive upstate NY
Michael Nowicki
Number of financial centers in the Rochester Market
9
Bank of America's purpose
To help make financial lives better, through the power of every connection
Serves high-net-worth and ultra-high-net-worth clients. Anchored in financial planning, our personal advisor relationships allow us to help individual investors and their families plan for and achieve their unique financial goals by investing and providing access to banking and lending services.
Merrill
Provides investment banking advisory, underwriting and distribution services to companies of all sizes around the world and across all major industries. It also offers financing, deposit and other treasury services globally to corporations with revenues of more than $2 billion in the U.S. and more than $1 billion internationally.
Global Corporate & Investment Banking (GCIB)
Preferred Lending Market Leader
Anthony Saad
Market Integration Executive for Rochester
Christopher Mueller
Chief Financial Officer CFO
Alastair Borthwick
Serves middle-market companies with revenues of $50 million to $2 billion across all major industries—delivering the full capabilities of the company, including treasury, lending, leasing, advisory, debt and equity underwriting, and digital solutions.
Global Commercial Banking
Provides investment banking advisory, underwriting and distribution services to companies of all sizes around the world and across all major industries. It also offers financing, deposit and other treasury services globally to corporations with revenues of more than $2 billion in the U.S. and more than $1 billion internationally
Global Corporate & Investment Banking (GCIB)
MLWM Market Executive
Christopher Mueller
Total contributions by employees donated to local nonprofits & community needs (including matching grants) since 2019 in Rochester
$887K
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Provides personalized solutions, valuable rewards, and advice and guidance for clients with more complex banking, borrowing and investing needs, including entrepreneurs and small business owners.
Preferred Banking
Provides services across the world’s debt, equity, commodity and foreign-exchange markets. This includes liquidity, hedging strategies, industry-leading insights, analytics and competitive pricing to approximately 8,000 clients consisting of asset managers, hedge funds, pensions and insurance, corporates, governments and other financial institutions.
Global Markets
Private Bank
Adam Hartwigh, Market Executive & Colleen Matteson Market Trust Executive
Rochester Market Executive
Kristina Dengler
4 components of Responsible Growth