Fourth Consecutive Year of Sponsorship
NEW YORK – Bank of America Merrill Lynch’s Global Transaction Services (GTS) business is once again proud to announce its sponsorship of the Latin Trade CFO Forums for 2016. The series gathers CFOs, finance directors and treasurers from various industries in Latin America for the opportunity to share knowledge and experiences across domestic and international borders.
The CFO forums are set to take place in Brazil, Colombia, Mexico and Peru throughout 2016. Given its geographical proximity to the region and the pivotal role it plays for companies doing business in Latin America, there will also be an event in Miami.
“We are delighted to be the financial sponsor of the Latin Trade CFO Forums for the fourth consecutive year,” said Fernando Iraola, head of Latin America Corporate Banking and Global Transaction Services. “We look forward to facilitating dialogue and debate about the key issues and opportunities facing companies in the region.”
The forums, which are by invitation only, will address issues that are top of mind for the region’s senior financial executives, such as the role of the CFO in leading business transformation and best practices in market value creation.
The first forum of 2016 takes place in Sao Paulo on April 6, and the agenda will include the following presentations:
- 2016 Economic and Market Outlook by David Beker, chief Brazil economist and Fixed Income strategist, Bank of America Merrill Lynch
- Strategies for Developing Talent and Diversity by Andrea Chamma, vice chairwoman, Brazil, Bank of America Merrill Lynch
According to a survey conducted at last year’s forum in Sao Paulo, 36 percent of respondents said enhanced risk management (i.e., market, FX/currency, and counterparty risk) was their top treasury priority, while 26 percent said it was funding inefficiencies. When asked what they wanted from their banking partner to help them manage their treasury priorities, 32 percent of respondents said foreign exchange solutions, while 29 percent said core cash management.
“It’s clear that globalization has multiplied the complexity of doing business in Latin America as in the rest of the world,” said Iraola. “We look forward to lending our expertise, insights and knowledge to help companies in Latin America continue to navigate the evolving global marketplace and meet their growth objectives. The forums are one important way where we can make that happen.”
BofA Merrill has operated in Latin America for over 75 years. The region is strategically important to BofA Merrill’s GTS business, which provides companies, multinational corporations, bank and non-bank financial institutions, and government agencies a comprehensive set of transaction services, including liquidity management, payments and receipts, trade and supply chain finance, foreign exchange, commercial card, and custody and agency services.1
1 Not all services may be available in all jurisdictions and are subject to change without notice.
Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,700 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 32 million active users and approximately 19 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., both of which are registered broker-dealers and members of SIPC, and, in other jurisdictions, by locally registered entities. Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA.
Bank of America Corporation and its affiliates do not perform in any jurisdiction banking activities that are reserved by local law to licensed banks, except in those jurisdictions where its banking affiliates have procured the necessary licenses. Unless otherwise indicated, all services/products are conducted on an offshore basis for Latin America. Some or all of the products may not be available in certain jurisdictions and are subject to change without notice.
This document and its content are for information purposes and shall not be interpreted as banking or financial intermediation, business solicitation and/or public offering of any kind.
Ouvidoria Bank of America Merrill Lynch1 | DDG: 0800 886 2000 | e-mail: ouvidoria_bamlbrasil@baml.com
1 Bank of America Merrill Lynch Banco Múltiplo S.A. e Merrill Lynch S.A. Corretora de Títulos e Valores Mobiliários
Bank of America México, S.A., Institución de Banca Múltiple is a banking affiliate in Mexico of Bank of America Corporation.
Bank of America N.A., Oficina de Representacion (Colombia), is a representative office in Colombia of Bank of America N.A., supervised by the Superintendencia Financiera de Colombia and authorized to promote in Colombia select products and services that Bank of America N.A. provides outside of Colombia. Neither Bank of America, N.A., nor its Representative Office in Colombia, is authorized to carry out in Colombia any activities that are reserved by Colombian law to locally licensed banks.
Bank of America N.A., Oficina de Representacion (Peru), is a representative office in Peru of Bank of America N.A., supervised by the Superintendencia de Banca, Seguros y Administradoras Privadas de Fondos de Pensiones and authorized to promote in Peru select products and services that Bank of America N.A. provides outside of Peru. Neither Bank of America, N.A., nor its Representative Office in Peru, is authorized to carry out in Peru any activities that are reserved by Peruvian law to locally licensed banks.
Bank of America N.A., Oficina de Representacion (Chile), is a representative office in Chile of Bank of America N.A., supervised by the Superintendencia de Bancos e Instituciones Financieras and authorized to promote in Chile select products and services that Bank of America N.A. provides outside of Chile. Neither Bank of America, N.A., nor its Representative Office in Chile, is authorized to carry out in Chile any activities that are reserved by Chilean law to locally licensed banks.
Bank of America Corporation does not have banking affiliates, branches or bank representative offices in any other jurisdiction in Latin America.
Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation, including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., which are registered broker-dealers and members of FINRA and SIPC, and in other jurisdictions, by locally registered entities.
Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.
Latin Trade Group
The Latin Trade Group develops and publishes award-winning content in Spanish and English for distribution throughout Latin America, the Caribbean and the United States through print and online media sources, while providing access and information through events marketing. Latin Trade magazine is a leading provider of global business information covering regional business trends, corporate and government leaders in Latin America and the Caribbean. For more information, visit www.latintrade.com.
Visit the Bank of America newsroom for more Bank of America news.