Bank of America

  • Headquarters' Location:

    London, UK
  • Presence:

    Vacancies in London, Continental Europe, Asia & India
  • Number of Employees:

    Bank of America employs over 8,350 people in Europe
  • Revenues:

  • Website:

    http://www.bofa.com/careers

Company Snapshot

Bank of America (NYSE: BAC) is one of the world's largest 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 products and services. The company's Global Corporate and Investment Banking group (GCIB) focuses on companies with annual revenues of more than $2.5 million; middle-market and large corporations; institutional investors; financial institutions; and government entities. GCIB provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, treasury management and research.

Bank of America serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Global Fortune 500. Many of the company's services to corporate and institutional clients are provided through its U.S. and UK subsidiaries, Banc of America Securities LLC and Banc of America Securities Limited.

Using the bank’s strong balance sheet and top tier market position in the U.S., the international growth strategy is to build a profitable universal bank with Global Markets as a core competency. Bank of America targets European clients with strong U.S. interests and issuer and investor clients with whom the bank already has a strong relationship in the U.S. Leveraging its balance sheet, Bank of America is able to help clients meet their financial goals and by expanding its product groups, it provides clients with a full, global product suite.

Bank of America has maintained a presence in the Europe, Middle East and Africa (EMEA) region since 1922. The EMEA business is managed by Jonathan Moulds, President, EMEA and Asia. Bank of America employs over 8,350 people in Europe. Of this, approximately 2,850 are legacy Bank of America businesses based offices in the UK, Belgium, France, Germany, Greece, Italy, The Netherlands, The Republic of Ireland and Spain. 5,500 work for our Europe Card Services division, ie legacy MBNA.

Culture & History

Our team approach and flatter organisation provides associates with the opportunity to take on new challenges quickly, enabling individuals to be part of the bank’s entrepreneurial spirit and helping to create lasting success. Our culture offers new joiners the opportunity to enjoy meaningful interaction with both clients and senior executives in a personal and collaborative atmosphere.

Training & Development

Initial training takes place in New York and combines classroom training with group and individual projects led by industry experts. You will learn technical, personal and professional skills and also more about Bank of America’s capabilities and culture.

Once you begin work in your group, you will have access to ongoing education, which will help you to progress in your specific business areas.

Our mentoring programme will help you build relationships and gain valuable career development advice as well as an understanding of our organisational structure and culture. Cross-divisional presentations and the sharing of experiences will provide you with additional knowledge about the financial services industry.

Diversity

At Bank of America, we respect and value not only differences related to race, gender, ethnicity, age, disability and sexual orientation, but also diversity of viewpoint, experience, talents and ideas. We strive to empower all employees to excel on the job and reach their full potentials, and reward and recognise employees based on performance and results.

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