Lionel L. Nowell III | Lead Independent Director, Bank of America Corporation | Bank of America website
Bank of America has announced the appointment of Mark Kremers as the new president of its San Diego division. This move is part of the bank's ongoing efforts to strengthen its leadership team in key regions across the United States.
The financial institution, operating under the marketing name "Bank of America," is involved in global banking and markets activities through its affiliates. These activities include lending, derivatives, and other commercial banking services performed by Bank of America, N.A., a member of the FDIC.
Investment products are offered through Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), which operates as a registered broker-dealer and investment adviser. Additionally, insurance and annuity products are available through Merrill Lynch Life Agency Inc. (MLLA), both subsidiaries under Bank of America Corporation.
Trust and fiduciary services are provided by Bank of America, N.A., also a wholly-owned subsidiary. The organization emphasizes that its investment offerings are not FDIC insured or guaranteed by any governmental agency and may lose value.
"Bank of America" performs strategic advisory and investment banking activities globally via BofA Securities, Inc., among others. Mobile Banking services require app downloads for select devices with applicable message and data rates.
As a note to potential investors, Bank of America stresses that securities investments carry risks with no guarantee against loss. The company encourages individuals to consider their financial situation carefully before acting on any information provided.
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