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BofA Names Jason Edelmann President of Fort Lauderdale

1. Jason Edelmann appointed president of Bank of America Fort Lauderdale. 2. His leadership aims to enhance integration across bank's eight business lines. 3. Edelmann is expected to strengthen market share in Fort Lauderdale. 4. Bank of America serves approximately 69 million consumers with extensive services. 5. Company's global leadership spans investment banking and asset management.

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FAQ

Why Bullish?

Edelmann's appointment is likely to enhance Bank of America's operational performance and market share, similar to past leadership changes which improved financial results.

How important is it?

The appointment of a new president is significant for local market strategies and client relationships, potentially driving growth.

Why Long Term?

Leadership changes often take time to reflect in financial results, as seen with other banks' successful strategic integrations in past years.

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, /PRNewswire/ -- Bank of America has named Jason Edelmann president of Bank of America Fort Lauderdale. As president and head of the market, Edelmann will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank's eight lines of business. Jason Edelmann "Jason is well positioned to deliver the full breadth of Bank of America to our Fort Lauderdale clients and community and grow market share," said Brian Moynihan, Bank of America chair and chief executive officer. "His leadership will help our Fort Lauderdale clients improve their financial lives and deliver responsible growth." Edelmann joined the company in 2007 and has held numerous leadership roles within Merrill. He continues his role as Merrill Florida Tropics market executive, where he leads a team of more than 300 advisors and associates across five South Florida offices. Actively engaged in his local community, Edelmann serves on the advisory board of Riverwalk Fort Lauderdale.Bank of AmericaBank 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 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital 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 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.Reporters may contact:Matthew Daily, Bank of AmericaPhone: 1.404.607.2844[email protected] SOURCE Bank of America Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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