Bank of America
Bruce R. Thompson is vice chair and head of Enterprise Credit. He is a member of Bank of America’s executive management team.
In this role, Thompson leads a global team responsible for delivering end- to-end credit solutions for the bank’s Retail Banking, Preferred Banking, Merrill Lynch Wealth Management, Private Bank, Business Banking, Global Commercial Banking, Global Corporate & Investment Banking and Global Markets clients.
Prior to his current role, Thompson was based in Dublin, Ireland where he was president of the bank’s operations across the European Union and Switzerland and was chief executive officer of Bank of America Europe DAC, its primary European banking entity.
Thompson was chief financial officer at Bank of America from 2011 to 2015 with responsibility for all finance functions, as well as Corporate Treasury, Investor Relations and Corporate Investments. Before that, he was chief risk officer for Bank of America (2010-2011), responsible for working with the company’s lines of business to identify and navigate credit, market and operational risk to support sustainable growth.
Thompson joined Bank of America as a managing director in 1996 and served in a variety of roles, including head of U.S. Leveraged Finance Debt Capital Markets, co-head of the Global Credit Products platform, and head of Global Leveraged Finance. In 2008, he was named head of Global Capital Markets, where he was responsible for Equity Capital Markets, Investment Grade Capital Markets, Leveraged Acquisition Finance, High Yield Capital Markets, Debt Advisory Services, Loan Capital Markets and Global Origination for Rates and Currencies.
Thompson graduated with honors from Allegheny College in 1986 and from the Darden School of Business, also with honors, in 1990. Thompson currently is a trustee of the Darden School Foundation at the University of Virginia, where he chairs the audit/finance committee. In addition, he is a member of the board of trustees of Allegheny College in Meadville, Pa., where he serves on the executive committee and the budget and finance committee.
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Bank of America
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Bank of America is one of the world’s largest financial institutions. Bank of America counts individuals, small and medium businesses, global corporations, and governments among its customers. Within the US, it serves approximately 56 million consumers and small businesses. Globally, it is recognized as a leader in wealth management, corporate and investment banking, and trading. Bank of America has eight business segments serving people, companies, and institutions. The bank has four business lines serving people: Retail, Preferred, Merrill Lynch Wealth Management, and Bank of America Private Bank. Retail offers consumers a suite of products and services through both digital and a large network of brick and mortar branches. Preferred supports clients with up to $250,000 in assets and small businesses with up to $5 million in revenue with cash management, investment solutions. Merrill Lynch Wealth Management serves clients with $250,000 in assets up to ultra high net worth, providing them with unique plans and advice to help each individual achieve their unique financial goals. Bank of America Private Bank provides ultra high net worth clients - those with over $3 million in investable assets - highly personalized, team-based services for investment and wealth management. The bank has three business segments serving companies: Business Banking, Global Commercial Banking, and Global Corporate & Investment Banking. Business Banking serves smaller U.S. companies with annual revenues of $5 million to $50 million through its network of local teams. Global Commercial Banking serves middle-market U.S. companies with revenues in the range of $50 million to $2 billion through a combination of local relationship managers backed by the full capabilities of the bank. These capabilities include treasury, lending, leasing, investment banking, risk management and international subsidiary banking services. The Global Corporate & Investment Banking segment serves clients exceeding $2 billion in revenues and government agencies across 38 countries. The bank provides treasury services, lending, leasing, advisory, and debt and equity underwriting solutions for these clients. For institutions, Bank of America’s Global Markets serves clients such as hedge funds, asset managers, pensions and other financial institutions. BofA provides global sales and trading services to these institutional clients across fixed income, credit, currencies, commodities and equities.