Latin America and Brazil in particular have been a focal point of BofAML’s international strategy over the years.
In 2011, the Bank’s main legal entity in Brazil was upgraded to a commercial bank under the name Bank of America Merrill Lynch Banco Múltiplo S.A., allowing the Bank to offer local treasury solutions in addition to the existing capabilities in investment banking, institutional sales, trading and research. The main goal of BofAML Banco Múltiplo S.A. is to promote the rendering of full, high-quality services to customers with operations in Brazil.
We build comprehensive, customized solutions to help the client meet unique treasury needs, improve financial competitiveness, make treasury functions more efficient, manage idle cash balances, manage treasury information and monitor cash positions, and streamline payments and receipts.
The Corporate Banking coverage team is focused on large Brazil corporates and international subsidiary banking (ISB) clients to deliver a range of solutions that include onshore derivatives, onshore and offshore trade products, offshore loans and international cash management.
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