Bank of America Merrill Lynch - Announcements, Interviews & News Stories

Mass affluent marry personal touch with online tools - BAML

Bank of America today released the Merrill Edge Report, a semi-annual study of the financial concerns and priorities of the mass affluent, consumers with $50,000-$250,000 in investable assets.

01 December 2011

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Earthport extends reach through BAML CashPro

Earthport, the global payments utility, today announces it will extend and enhance cross-border payment services using the CashPro® Online banking channel from Bank of America Merrill Lynch, one of the world's largest financial institutions.

19 October 2011

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Merrill Lynch launches mobile brokerage apps for iPhone, iPad, and BlackBerry

Merrill Lynch today announced the launch of mobile applications on iPhone, iPad, and BlackBerry devices for clients of Merrill Lynch Wealth Management and Merrill Edge.

10 March 2011

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Bank of America aims for mass affluent with Merrill Edge

Bank of America Corporation today announced the launch of Merrill Edge, one of the cornerstones of the company's strategy to better meet the financial needs of consumers. Merrill Edge is a unique platform that brings together the banking strength of Bank of America and the investment insights of Merrill Lynch to help mass affluent consumers meet their life goals.

24 January 2011

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Bank of America Merrill Lynch expands Paymode-X

Bank of America Merrill Lynch (NYSE: BAC) today announced that the expanded capabilities for Paymode-X, the all-digital online payment and invoicing system powered by Bottomline Technologies (NASDAQ: EPAY), are now part of the bank's supply chain and treasury solutions offering.

02 November 2010

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Bank of America Merrill Lynch joins Chaps

Chaps Clearing Company Limited, the organisation responsible for the operation of the UK's high-value, same-day money transfer system and the Faster Payments Service, today (18 October 2010) announced that Bank of America Merrill Lynch is to become a full member of the Chaps Scheme with immediate effect.

18 October 2010

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Bank of America talks up ePayables growth

Bank of America Merrill Lynch today announced that its ePayables solution continues to post significant growth, with a compound annual growth rate of 43 percent over the last two years.

15 September 2010

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MoneyGram extends PropertyBridge to Bank of America Merrill Lynch

PropertyBridge, Inc., a MoneyGram International (NYSE:MGI) subsidiary and leading provider of electronic payment services to the multi-family housing industry, today announced an agreement that will bring PropertyBridge's state-of-the-art payments platform to the property management clients of Bank of America Merrill Lynch, one of the world's largest financial institutions. Bank of America Merrill Lynch is one of the nation's largest lenders to the multi-family housing industry and currently provides banking, lending and payment processing services to more than 40 of the top 50 property management companies in the U.S.

05 February 2010

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NY Attorney General files fraud charges against Bank of America

Attorney General Andrew M. Cuomo, joined by Special Inspector General for the Troubled Asset Relief Program Neil Barofsky, today announced a lawsuit against Bank of America, its former CEO Kenneth D. Lewis, and its former CFO Joseph L. Price for duping shareholders and the federal government in order to complete a merger with Merrill Lynch. According to the lawsuit, Bank of America's management intentionally failed to disclose massive losses at Merrill so that shareholders would vote to approve the merger. Once the deal was approved, Bank of America's management manipulated the federal government into saving the deal with billions in taxpayer funds by falsely claiming that they would back out of the deal without bailout funds.

05 February 2010

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Bank of America Merrill Lynch says ready for Sepa direct debit launch

Bank of America Merrill Lynch is pleased to announce that it is ready for the launch of Sepa Direct Debits (SDD) on 2 November 2009, which will provide clients with enhanced receivables management across 32 European countries.

27 October 2009

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Bank of America introduces ML funds transfer capability

Merrill Lynch Global Wealth Management today announced the launch of My Retirement Income(TM), an innovative feature within the Merrill Lynch Retirement Income Service(®) that connects customized retirement income planning with the ease and unmatched convenience of the Bank of America, N.A. retail banking network.

26 October 2009

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Bank of America Merrill Lynch expands global payments and international branch tech group

Bank of America Merrill Lynch has today announced the appointments of James Clear and Richard Hilsley to the Global Payments and International Branch Technology group.

21 October 2009

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