Brian Moynihan CEO of Bank of America | Bank of America
Bank of America has announced the appointment of Michael T. Esposito as the President of Tampa Bay. This decision aligns with the company's ongoing efforts to strengthen its leadership team and expand its presence in key markets.
Bank of America operates under the marketing name for its global banking and global markets business. The corporation's banking activities, including lending and derivatives, are conducted by affiliates like Bank of America, N.A., which is a Member FDIC. Investment banking services are offered by entities such as BofA Securities, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated in the United States.
Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), a registered broker-dealer and investment adviser, is a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Trust and fiduciary services are provided by Bank of America, N.A., while insurance products are offered through Merrill Lynch Life Agency Inc., another subsidiary.
The bank emphasizes that investment products available through MLPF&S or insurance products from MLLA are not FDIC insured or guaranteed by any government agency. They may lose value and are not considered deposits or conditions for any banking service.
Mobile Banking services require app downloads on select devices, with potential message and data rates applying. Fees might also be incurred for certain transfers as outlined in the Online Banking Service Agreement.
Bank of America's stated goals remain aspirational without guarantees that all objectives will be achieved. Statistics related to environmental, social, and governance documents may be estimates based on assumptions or evolving standards.
"Bank of America" continues to uphold its commitment to providing diverse financial services globally through various affiliated entities while ensuring compliance with regulatory standards across different jurisdictions.