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Bank of America Merrill Lynch extends transaction services offering in Canada

Tuesday 11 June 2013 09:49 CET | News

Global financial services provider Bank of America Merrill Lynch (BofA Merrill) has extended its Global Transaction Services (GTS) business in Canada.

The GTS team will be led by Hany Naguib, who brings over 30 years of experience in the Canadian market. Naguib will be responsible for driving overall GTS growth, leadership across the GTS team and acting as senior GTS representative to the market, in addition to directly overseeing the bank’s large corporate clients. BofA Merrill’s Canadian-based team will also include a dedicated team of treasury officers focused on serving small to middle market companies, to be led by Katie Simpson in Toronto. Other key Canadian-based GTS leaders include Maureen Jarvis, product management; Susan Aparicio, operations; and Alan Keast, technology.

BofA Merrill is the largest global financial institution in Canada. The firm has been active in Canada for more than 50 years.

In recent news, BofA Merrill has launched Cuenta Controlada (Controlled Account) services in Mexico for MXN and USD transactions.


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Keywords: Bank of America Merrill Lynch, transaction services, Canada
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce