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 Gabby Hodgson as the new president of its Colorado operations. The decision marks a significant leadership change for the bank in the region.
"Bank of America" serves as the marketing name for the global banking and markets business under Bank of America Corporation. Its commercial banking activities, including lending and derivatives, are performed by affiliates like Bank of America, N.A., which is a Member FDIC. Investment banking activities are carried out by affiliates such as BofA Securities, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), both registered broker-dealers and Members SIPC.
Trust services are provided by Bank of America, N.A., while insurance products are offered through Merrill Lynch Life Agency Inc., both wholly-owned subsidiaries of BofA Corp.
The bank emphasizes that investing in securities involves risks with potential financial loss. The material provided does not consider individual investment objectives or needs and should not be seen as a recommendation or solicitation for security transactions.
Merrill Lynch provides investment products sponsored by companies affiliated with BofA Corp. MLPF&S operates as a registered broker-dealer and investment adviser under BofA Corp.'s umbrella.
Investment products from MLPF&S and insurance offerings from MLLA carry certain risks: they are not FDIC insured, may lose value, and are not guaranteed by any governmental agency or banking service condition.
Mobile Banking services require app downloads on select devices with applicable message rates. Additional fees apply to wires and transfers per the Online Banking Service Agreement.
Bank of America's goals remain aspirational without guarantees on meeting them fully. Statistics in their ESG documents may rely on estimates or evolving standards.