Bank of America Merrill Lynch Expands CashPro® Invest to Europe

NEW YORK--(BUSINESS WIRE)--

CashPro^® Invest, an online liquidity management and investment order entry tool, is now available for use by Bank of America Merrill Lynch clients in Europe.

CashPro Invest is fully integrated with CashPro Online, BofA Merrill's corporate banking portal. CashPro Invest offers investment execution and extensive research and reporting capabilities for money market mutual funds, the primary investment product solution for daily liquidity needs. With CashPro Invest, clients are able to:

• View investment account balances.
• Research and compare money market mutual funds.
• View and download transaction history and other reports.
• Customize controls to support company investment policy.

In addition, clients in Europe are able to enter investment orders for money market funds across currencies.

"The addition of CashPro Invest to our CashPro Online portal is an important enhancement for our clients in the region," said Jennifer Boussuge, head of Global Transaction Services for Europe, the Middle East and Africa at BofA Merrill. "Now, it is easier and simpler for our clients to stay connected with us for making their routine transactions, checking and analyzing their transaction history, and doing research to help develop strategy for future transactions."

CashPro Invest is primarily used by clients of BofA Merrill's Global Liquidity Investment Solutions (GLIS) group, a team of highly experienced, consultative investment specialists who can provide end-to-end liquidity and investment solutions. The GLIS team recently expanded into Europe with the opening of an office in London.

"Through CashPro Invest, our clients in Europe can now more easily execute investment orders, using the same sign-in and navigation they already are familiar with using CashPro Online," said Greg Kavanaugh, head of Global Core Cash Management at BofA Merrill. "With this service, our clients have the critical, timely information they need to manage their investment decisions, and a streamlined process to place current- or future-dated orders."

The geographic expansion is the first since BofA Merrill developed and introduced CashPro Invest in the United States.

Bank of America
Bank of America 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 and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 48 million consumer and small business relationships with approximately 4,800 retail banking offices and approximately 16,000 ATMs and award-winning online banking with 31 million active users and approximately 18 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in 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 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., all 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. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.

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