Awards include World’s Best Bank for Markets and Trade Finance

Highlighting the company’s ability to capture market share, deliver innovation and support clients’ expanding needs, Euromoney Magazine has named Bank of America the World’s Best Bank for Markets and the World’s Best Bank for Trade Finance. In total, the bank received 19 awards at Euromoney’s Awards for Excellence gala on July 18 in London, an annual event that recognizes outstanding leadership in financial services.

World’s Best Bank for Markets

In its rationale for naming BofA as the winner of this category for the second consecutive year, Euromoney’s editor Louise Bowman said, “Bank of America was the only one of the dozen biggest global markets businesses to increase revenues in 2023. This fitted into a broader narrative of steady but substantial improvement in the bank’s markets franchise over the past several years.”

World’s Best Bank for Trade Finance

Naming BofA as the winner of this category, Bowman added, “Because of the number of global corporations that sit in the U.S. and are banked by it, the firm is the natural driver of a platform such as this [Open Account Automation]. Having CashPro as an existing gateway is a huge advantage since the bank’s clients can be easily onboarded onto the financing solution.”

Bank of America has received the highest number of global and regional awards this year, a position tied with two other firms. The Euromoney Awards for Excellence were established in 1992 and are the global benchmark for the banking industry.

Click here and view the complete list of awards Bank of America received in the global, regional and country categories.

Via Bank of America