Brian T. Moynihan | Chair of the Board and Chief Executive Officer, Bank of America Corporation | Bank of America website
Bank of America has announced the appointment of Maria Martinez to its Board of Directors. The decision was made public on January 30, 2025.
"Bank of America" serves as the marketing name for the global banking and markets business of Bank of America Corporation. The corporation's commercial banking activities are carried out globally by its affiliates, including Bank of America, N.A., which is a Member FDIC. Its investment banking activities are conducted by affiliates such as BofA Securities, Inc., and Merrill Lynch, Pierce, Fenner & Smith Incorporated in the United States.
Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) offers certain investment products sponsored or managed by companies affiliated with Bank of America Corporation. MLPF&S operates as a registered broker-dealer and investment adviser and is a wholly owned subsidiary of Bank of America Corporation.
Trust and fiduciary services are provided through Bank of America, N.A., while insurance and annuity products are available via Merrill Lynch Life Agency Inc., both subsidiaries under Bank of America Corporation.
The announcement emphasizes that investing in securities involves risks, with potential financial loss. Additionally, the material advises considering personal circumstances before acting on any information presented.
Banking activities are further facilitated through mobile platforms requiring specific apps for select devices. Fees may apply to various services like wires and transfers.
Bank of America's goals are stated as aspirational without guarantees. ESG statistics are described as estimates based on assumptions or developing standards.
The company reiterates its status as an Equal Housing Lender and maintains its membership with FDIC in its commitment to financial service provision.