Barclays Americas Select Franchise Conference
Bernard Mensah, President of International
May 8, 2024
Bank of America International - Scale, Profitable, Global Platform
Scale, Quality Business | Global Platform & Coverage | Client Share & Accolades | ||
-
Full-serviceoffering, across
Global Markets, Global Banking and Research1 - Present in 36 countries, with clients in >85 countries
- >17,000 colleagues providing solutions for global and local clients in all their key markets
- Contributing almost 40%2 of all Global Markets and GCIB1 revenues
Key International Financials (FY'23)
- $13.0B Revenues
- $3.8B Profits Before Tax
- 13% Return on Allocated Capital
- >$100B Loans & Leases
- >$130B Deposits
Core Business Lines: Global Corporate & Investment Banking, Global Commercial Banking,
Global Markets - supported by #1 Ranked Global Research Franchise3
36 BofA International country locations cover >80% of International GDP, >90% of Equity Market Cap and >90% of Investment Banking Fee Pool
- #1 Developed Europe Research3
- #1 Emerging EMEA Research3
- #1 India Research3
- #3 Investment Banking Fees4
- #3 Mergers & Acquisition Fees4
- #3 Equity Capital Markets Volumes4
- >$100T annual Payment value5
- >12M trades per day6
- #2 EMEA Electronic Trading7
- #1 APAC Credit8
- World's Best Bank for Markets9
- Derivatives House & FX Derivatives House of the Year10
-
Best International Transaction
& Cash Management Bank in APAC11
1. | Global Banking = Global Corporate & Investment Banking (GCIB) and US Global Commercial Banking Subsidiaries. | 6. | Equities, Fixed Income, Currencies and Commodities trade volumes, International, Full Year 2023 average. | |
2. | Based on Full Year 2023 - businesses applicable to International including Global Markets, Global Corporate and Investment Banking. | 7. | Bloomberg, Stoxx 600 Value Traded USD, first quarter 2024. | |
3. | Institutional Investor, 2023. | 8. | MarketAxess, ranking by trade volume, 2023. | |
4. | Dealogic, year to date as of 16 April 2024. | 9. | Euromoney, 2023. | 2 |
5. | Based on Full Year 2023 Global Payment Solutions payments. | 10. | International Financing Review, 2023. | |
11. | The Asian Banker, 2023. |
Bank of America International - Delivering for Clients, Globally
Unique platform: A 'Gateway to Global' for clients around the world
Leading U.S. Client Base - Expanding Internationally
- Global solutions, capital and expertise, delivered locally, to Companies, Investors and Commercial Subsidiaries in all the countries in which they do business
99% Coverage of the U.S. Fortune 500 (2023)
97% Coverage of the U.S. Fortune 1,000 (2023)
74% Of U.S. GCIB Clients do business with us Internationally (2024)1
International Clients - Growing Locally and Globally
- Local delivery for regional and global clients, focused on growing market share, deepening countries per relationship and selectively adding new clients
4,700 | Internationally Headquartered Corporate Clients (2023) |
3,600 | Internationally Headquartered Investor Clients (2023) |
12,000 | Active International Subsidiaries of U.S. Commercial Clients (2023) |
Broadening & Deepening with Clients
Bank of America International Payment Volumes | ||||
247M | ||||
170M | ||||
2019 | 2020 | 2021 | 2022 | 2023 |
International Corporate & Investment Banking Clients | ||||
4,700 | ||||
2,640 | ||||
2019 | 2020 | 2021 | 2022 | 2023 |
1. Based on prior 12-month revenue, as of February 2024.
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Bank of America International - An Engine for Growth
Leveraging Market & Competitive Dynamics to Drive Responsible Growth, Globally
- Unique, integrated global platform, providing capital and solutions for our clients around the world
- Combining global lines of business with local delivery and expertise to drive responsible growth
- Doing more with existing clients, and winning new client relationships
- Power, stability and thought-leadership to deliver in a complex operating environment
- Continuously investing in platform and digital to enhance client experience and drive efficiencies
- Driving sustainable growth through Operational Excellence - controls and efficiencies
- Delivering for Clients, Colleagues and the Communities in which we live and work
Client-Centric | Country-by- | Growing | Driving | Investing in |
Global Payment | Operational | Technology & | ||
Approach | Country Strategy | |||
Solutions | Excellence | Marketing | ||
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Disclaimer
Bank of America Corporation published this content on 08 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2024 12:15:07 UTC.