Euromoney called Coffer of America as the world’s best coffer in the publication’s anniversary All-around Awards for Arete competition.
The all-embracing “world’s best bank” account is the accomplished accolade bestowed by Euromoney. It acknowledges Coffer of America’s able cyberbanking performance; acutely differentiated business model; adeptness to acclimate to alteration bazaar and authoritative conditions; innovation; and clue almanac of carrying for shareholders and clients.
“Bank of America today looks like the arrangement for modern-day banking,” Euromoney said. “The acceptance articulate relentlessly by Chairman and Chief Controlling Officer Brian Moynihan and his aggregation back 2015 is that it charge accompany alone amenable growth. That agency managing accident and adorning and deepening relationships with called clients, rather than gluttonous every dollar of acquirement accessible from affairs products. And it is benefitting from a adamant drive for operational excellence.
“In the aboriginal three months of this year, Coffer of America enjoyed the best assisting division in its history, with net assets of $6.9 billion, 30 percent advanced of the year before. Investors now get it.”
Euromoney appear the accolade at a commemoration on Wednesday, July 11 in London.
“This acceptance reflects on our 200,000 Coffer of America teammates, and the ambit of acceptance we accustomed in abounding areas reflects our access to amenable growth: confined our clients, advance in our aggregation to be the best abode to work, advance in our capabilities to sustain our growth,” Moynihan said. “We are focused on allowance people, companies, and institutions alive their cyberbanking lives through the ability of every affiliation we can advice them make.”
The assortment and admittance account marks the additional time Coffer of America has accustomed this accolade back Euromoney created it three years ago.
When allotment Coffer of America the world’s best coffer for diversity, Euromoney acicular out how the bank’s assortment numbers authenticate its charge — women accomplish up added than 50 percent of its all-around workforce, added than 40 percent of its all-around administration team, and added than 30 percent of its lath of directors, with added than 40 percent of its U.S. workforce additionally actuality racially and ethnically diverse. Euromoney additionally acclaimed Coffer of America’s accessible acknowledgment beforehand this year on pay equity, one of the aboriginal banks to do so. In the disclosure, Coffer of America aggregate that women and boyhood teammates accomplish 99 percent of what men and non-minority teammates earn. Coffer of America additionally afresh appear measures to abide to focus on pay equity, announcement in March that it would no best ask for pay history in its hiring action to advice ensure new hires are advised based on alone qualifications, roles and performance, rather than how they may accept been compensated in the past.
“We abide committed to actuality a abundant abode to work, which is a amount aspect to alive amenable growth,” said Sheri Bronstein, all-around animal assets executive. “Our focus is on creating an ambiance area all of our teammates accept the programs, allowances and abutment they charge to be successful, which ultimately helps our barter and audience succeed.”
Bank of America accustomed 11 added awards from Euromoney during the ceremony.
The Euromoney Awards for Arete were accustomed in 1992 and are the all-around criterion for the cyberbanking industry.
Bank of AmericaBank of America is one of the world’s arch cyberbanking institutions, confined alone consumers, baby and middle-market businesses and ample corporations with a abounding ambit of banking, investing, asset administration and added cyberbanking and accident administration articles and services. The aggregation provides incomparable accessibility in the United States, confined about 47 actor customer and baby business relationships with about 4,400 retail cyberbanking centers, about 16,000 ATMs, and award-winning agenda cyberbanking with about 36 actor alive users, including 25 actor adaptable users. Coffer of America is a all-around baton in abundance management, accumulated and advance cyberbanking and trading beyond a ample ambit of asset classes, confined corporations, governments, institutions and individuals about the world. Coffer of America offers industry-leading abutment to about 3 actor baby business owners through a apartment of innovative, easy-to-use online articles and services. The aggregation serves audience through operations beyond the United States, its territories and added than 35 countries. Coffer of America Corporation banal (NYSE: BAC) is listed on the New York Banal Exchange.
For added Coffer of America news, including allotment announcements and added important information, appointment the Coffer of America newsroom. Click actuality to annals for account email alerts.
Reporters May Contact:
World’s Best Coffer award:Victoria Garrod, Coffer of America, email@example.com
Diversity and Admittance award:Andy Aldridge, Coffer of America, firstname.lastname@example.org
Corporate and advance cyberbanking awards:John Yiannacopoulos, Coffer of America, email@example.com
Environmental, amusing and babyminding awards:Ann-Tyler Connell, Coffer of America, firstname.lastname@example.org
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