When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. <<1947C979BFB0B2110A00B05D08D0FE7F>]/Prev 51057>> Please refer to theHelp & Support Page within the Online Banking or the Merrill Lynch websites or the "Contact Us" link on the Bank of America website to find the appropriate customer service phone number. BofA Securities, Inc., 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. Certain information or forms that we request from you and ask you to submit electronically, such as signature cards, W-9s, or other agreements. Bank of America Corporation (together, with its consolidated subsidiaries, Bank of America, "we" or "us") is a Delaware corporation, a bank holding company and a financial holding company. Corporate Overview 2. The main drivers of the Corporation's U.S. LCR include changes in total HQLA and composition of Level 1 and Level 2 assets, as well as changes in net cash outflows related to, but not limited to, deposits, commitment facilities, securities financing and client brokerage and collateralized derivatives. Such Communications may include, but are not limited to: After you consent to this eCommunications Disclosure, you may still be able to set your preferences to receive certain categories of Communications in (1) both electronic and paper format; (2) electronic format only; or (3) paper format only. Level 1 assets include central bank reserves (less reserve requirements) and certain marketable securities backed by sovereigns and central banks. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. 0000002595 00000 n If you decide to receive some Communications in paper and some electronically, the Communications that you receive electronically will be governed by this eCommunications Disclosure. Certain links may direct you away from Bank of America to an unaffiliated site. You are continuing to another website that Bank of America doesnt own or operate. 31 0 obj Your consent will also apply to any other person named on your account, product or service, subject to applicable law. Liquidity Coverage Ratio (LCR) Final Rule (LCR Rule). DERIVATIVE EXPOSURES AND POTENTIAL COLLATERAL CALLS. WebThe IHC has been subject to the US Liquidity Coverage Ratio (LCR) minimum requirement of 100% as of April 1, 2017. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). endobj WebBasel III is the third Basel Accord, a framework that sets international standards for bank capital adequacy, stress testing, and liquidity requirements.Augmenting and superseding parts of the Basel II standards, it was developed in response to the deficiencies in financial regulation revealed by the financial crisis of 200708.It is intended to strengthen bank Relationship-based ads and online behavioral advertising help us do that. 29 0 obj 23 0 obj Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Liquidity Coverage Ratio Disclosures. This ratio is the result of average weighted HQLA of $617 billion divided by average potential net cash outflows over a 30 calendar-day period of $538 billion. INTERNAL Contents: 1. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Certain laws and regulations require us to provide specific information to you in writing, which means you have a right to receive that information on paper. Copyright 2022 Surperformance. Note: Beginning in 2015, the Corporate Pillar 3 Disclosure contains our Basel II.5 Market Risk Disclosure. Liquidity Coverage Ratio (LCR) Unit: Million Baht Quarter 2/2018 (average) Quarter 2/2017 (average) (1) Total high-quality liquid assets (HQLA) 28,990 18,141 (2) Total net cash outflows within the 30-day time horizon If you opt out, though, you may still receive generic advertising. If you separately provided your consent to this eCommunications Disclosure to Bank of America, Merrill Lynch, and/or Merrill Edge, you must separately withdraw your consent by calling each of the entities to whom you provided your consent. endobj %PDF-1.4 % Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. Williams multi-family Canarsie home has been in foreclosure since 2014 and Bank of America is seeking $622,545 in principal and interest payments, court papers show. WebLondon and Continental Railways Limited (LCR) Low Pay Commission (LPC) Magnox Ltd; Marine Accident Investigation Branch (MAIB) Marine Management Organisation (MMO) Maritime and Coastguard Agency (MCA) Schedule Now. U.S. banking regulators permit certain Pillar 3 disclosure requirements to be addressed by their inclusion in the Consolidated Financial Statements of the Corporation. New California laws will create 4 million jobs, reduce the states oil use by 91%, cut air pollution by 60%, protect communities from oil drilling, and accelerate the states transition to clean Applicable law or contracts sometimes require you to give us "written" notices. For the latest list of browsers and operating systems we currently support, see ourRecommended Browsers page. 31 0 obj Securities, strategic advisory, and other investment banking activities are performed For certain products, accounts, or services, we will, upon request, provide you with a paper copy of any Communications provided electronically by us to you pursuant to this eCommunications Disclosure, provided we receive your request within 12 months after the date the Communication was first made available to you electronically. We believe that a centralized approach to funding and liquidity management enhances our ability to monitor liquidity requirements, maximizes access to funding sources, minimizes borrowing costs and facilitates timely responses to liquidity events. WebProfessional academic writers. These disclosures are required by the Liquidity Coverage Ratio: Public Disclosure Requirements Final Rule published by the Board of Governors of the Federal Reserve System in alignment with the Basel 3 liquidity framework and U.S. While you may be able to access and retain the Communications using other hardware and software, we recommend that you use the latest version of the supported browsers or Mobile Banking app available, keep your security settings up to date and that you enable JavaScript. endobj Note: Eligible HQLA reported in rows 1-4 in the table above exclude excess liquidity held at certain subsidiaries. <> Please read this Electronic Communications Disclosure ("eCommunications Disclosure") thoroughly - It contains important information about your legal rights. %PDF-1.4 % Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). endobj CENTRALIZED LIQUIDITY MANAGEMENT FUNCTION. In any of the situations discussed above, your withdrawal of consent is effective only after you have communicated your withdrawal to Bank of America, Merrill Lynch, and/or Merrill Edge, as applicable, by calling the appropriate customer service phone number(s) and we have had a reasonable period of time to act upon your withdrawal. 249.90 and 249.91. You are responsible for providing us with a valid e-mail address to accept delivery of Communications. Company goals are aspirational and not guarantees or promises that all goals will be met. This eCommunications Disclosure does not apply to any communications that we determine, in our sole discretion, that we are required to deliver in paper form under applicable law or that you should receive in paper rather than electronic form. endobj Unless specified otherwise, all amounts and information are presented in conformity with the definitions, rules and requirements of the LCR Rule. Basel 3 is a global regulatory capital and liquidity framework developed by the Basel Committee on Banking Supervision. Liquidity Coverage Ratio (LCR) Disclosures, Bank of America - Pillar 3 U.S. As Basel 3 is implemented at the jurisdictional level, not all regulatory agencies require the same measures or levels of detail in their disclosure requirements. 0000001152 00000 n The words "I", "you" and "your" mean each account holder, product owner and/or service user identified on an account, product or service. U.S. 0000004435 00000 n -, Liquidity Risk - Global Liquidity Sources and Other Unencumbered Assets, Liquidity Risk - Diversified Funding Sources, Liquidity Risk - Funding and Liquidity Risk Management, Asia Week Ahead: Downbeat Data from China, Japan, Rate Hikes in Taiwan, Philippines, Tech Down Ahead of Consumer-Price Data -- Tech Roundup, Jana ratchets up pressure on Freshpet, recruits Schmidt to campaign. For Merrill Edge Self-Directed Investing clients whose accounts transitioned to Merrill Edge from Banc of America Investment Services, Inc., if you withdraw your consent to this eCommunications Disclosure, we may stop providing you with Communications electronically. 0000000946 00000 n Total eligible high-quality liquid assets (HQLA), of which: Deposit outflow from retail customers and counterparties, of which: Unsecured wholesale funding outflow, of which: Secured wholesale funding and asset exchange outflow. To print or download Communications you must have a printer connected to your device or sufficient hard-drive or other storage space to store the Communications. In certain circumstances, we may need to block certain browsers and software from accessing Online Banking and Mobile Banking due to possible security risks and may not be able to inform you in advance. 1 The amounts reported in this column may not equal the calculation of those amounts using component amounts reported in rows 1-28 due to technical factors such as the application of the level 2 liquid asset caps, the total inflow cap, and for depository institution holding companies subject to subpart G, the application of the modification to total net cash outflows. Investors face privately observed risks which lead to a demand for liquidity. Bank of America Chicago Marathon Set to Welcome 45,000 Participants for 45th Anniversar.. Piper Sandler Initiates Bank of America at Neutral With $36 Price Target, Bank of America Upgrades Wizz Air to Buy from Neutral, Boosts PT, INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED, Chairman, President & Chief Executive Officer, ice Chair of the Board & Chief Financial Officer. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. 0000001701 00000 n We fund our assets primarily with a mix of deposits and secured and unsecured liabilities through a centralized, globally coordinated funding approach diversified across products, programs, markets, currencies and investor groups. endobj We believe funding these activities in the secured financing markets is less sensitive to changes in our credit ratings than unsecured financing, and more cost-efficient. WebThe Dodd-Frank Act also established a framework for the delayed disclosure of information on entities that, after July 21, 2010, received a loan from the discount window under Section 10B of the Federal Reserve Act or from a Section We may charge fees for paper copies of the Communications. This includes, but is not limited to, the following account, product, and service types: deposit, credit card, charge card, line of credit, loan, mortgage, brokerage, investment advisory, insurance and others. A total game-changer. The objective of the LCR is to promote the short-term resilience of the liquidity risk profile of financial institutions by requiring banks to hold high-quality liquid assets (HQLA) that can be easily monetized to meet their liquidity needs for a 30 calendar-day liquidity stress scenario. Water Bottle: Hydro Flask Trail Water Bottle is a great insulated water bottle to have with you in cities or on hiking trails. For additional information on funding sources refer to Liquidity Risk - Funding and Liquidity Risk Management within the MD&A section in the March 31, 2021 Form 10-Q. HQLA is expected to build in 2023 and 2024 as the bank prepares to comply with modified LCR requirements, a credit positive. The BIS carries out its work through its meetings, programmes and through the Basel Process hosting international groups pursuing global financial Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. 0000003011 00000 n Pillar 3 U.S. 28 0 obj Are If you prefer that we do not use this information, you may opt out of online behavioral advertising. For additional information on funding sources refer to Liquidity Risk - Diversified Funding Sources within the MD&A section in the March 31, 2021 Form 10-Q. Given the nature of our business, our HQLA and net cash outflows are primarily in U.S. dollars. <> YEAR PILLAR 3 DISCLOSURES. endobj summary. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Subject to applicable law, you may withdraw your consent to this eCommunications Disclosure by calling the appropriate toll-free customer service phone numbers. Venditti said that the bank's liquidity coverage ratio (LCR), a key financial benchmark, had fallen "massively" towards a legal minimum of 100%. Liquidity Coverage Ratio (LCR) and Bank Internal Stress Tests. MLPF&S makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation. INTERNAL Contents: 1. In such instances, incorporation into this report is made by reference to the relevant section(s) of the most recent Form 10-K filed with the Securities and Exchange Commission of the United States. These ads are based on your specific account relationships with us. "Sinc This website uses cookies to ensure you get the best experience on our website.View our privacy policy. 2/ 2561, the disclosure requirements of liquidity coverage ratio (LCR) for commercial banks, TMB publishes its annual and semiannual LCR Disclosures on TMB website. Note: Eligible HQLA reported in rows 1-4 in the table above exclude excess liquidity held at certain subsidiaries. Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses, institutional investors, large corporations and governments with a full range of banking, investing, asset management and other financial and risk management products and services. endstream You are continuing to another website that Bank of America doesnt own or operate. 24 0 obj WebFollow-up Or Routine LCR Tap M/R - In OCT-01-2010, Contaminant: Lead and Copper Rule. 24 0 obj Asia Week Ahead: Downbeat Data from China, Japan, Rate Hikes in Taiwan, .. BofA Names Jim Morehead President of Seattle, U.S. equity funds register biggest weekly outflow in about 1-1/2 years, Bank of America Corporation Promotes Jim Morehead to Seattle Market President, Global equity funds record biggest weekly outflows in three months, Bank of America Lowers Synthomer to Underperform from Neutral, LONDON BROKER RATINGS: JPMorgan cuts Assura; BofA cuts Synthomer. WebTornado activity: Winston-Salem-area historical tornado activity is slightly below North Carolina state average.It is 25% smaller than the overall U.S. average.. On 5/22/1985, a category F3 (max. In certain circumstances, we may need to block certain browsers and software from accessing Merrill Lynch or Merrill Edge websites due to possible security risks and may not be able to inform you in advance. Follow-up actions: NC, positive income, 5782 total offices, Holding Company: Bank Of America Corporation; Manufacturers and Traders Trust Company: 35 branches. Most Communications provided within our websites are provided either in HTML and/or PDF format. 4/7 We do not guarantee the accuracy, completeness, or timeliness of information MLPF&S makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation. Often it is understood to include only downside risk, meaning the potential for financial loss and uncertainty about its extent.. A science has evolved around managing market and financial risk under the general title We believe that a centralized approach to funding and liquidity management enhances our ability to monitor liquidity requirements, maximizes access to funding sources, minimizes borrowing costs and facilitates timely responses to liquidity events. WebA central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system.In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base.Most central banks also have supervisory and regulatory Our trading activities in our broker-dealer entities are primarily funded on a secured basis through securities lending and repurchase agreements and these amounts will vary based on customer activity and market conditions. <>/Rotate 0/Type/Page>> You understand and agree that we may provide to you in electronic format only, such as by posting the information on the website where you access your accounts, products or services, through e-mail (if applicable and if you have provided a valid e-mail address), or through other electronic means, agreements, disclosures, notices, and other information and communications regarding your accounts, services and products, the use of our websites or our other electronic services, your relationship with us, and/or other programs, products or services that are or may be in the future made available to you (collectively, "Communications"). WebLiquidity Coverage Ratio Disclosure Report For the Quarterly Period Ended September 30, 2020 . Non-U.S. Legal Entity Pillar 3 Disclosures, you can opt out of online behavioral advertising. 0000003053 00000 n Market Data powered by QuoteMedia. <> Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. 0000001151 00000 n Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Our trading activities in our broker-dealer entities are primarily funded on a secured basis through securities lending and repurchase agreements and these amounts will vary based on customer activity and market conditions. )D)1E@a) U7Xf:@c`8 endobj We may provide such information to you electronically if we first present this eCommunications Disclosure and obtain your consent to receive the information electronically. U.S. Liquidity Coverage Ratio (LCR) Unit: Million Baht Quarter 2/2018 WebThis paper shows that bank deposit contracts can provide allocations superior to those of exchange markets, offering an explanation of how banks subject to runs can attract deposits. We recommend that you print or download a copy of this eCommunications Disclosure, the applicable service or account agreement and all other Communications to retain for your permanent records; if you have not already placed a copy of our Privacy Policy in your records, you can obtain another copy of our privacy notice. 0000000016 00000 n In the event that your e-mail address or other contact information is changed, you must notify us of such changes immediately through one of the following methods: If you fail to update or change an incorrect or invalid e-mail address or other contact information, you understand and agree that any Communications shall nevertheless be deemed to have been provided to you if they were made available to you in electronic form on our websites, e-mailed to the e-mail address we have for you in our records, or delivered through other electronic means. INVESTOR RELATIONS Basel Pillar 3 & U.S. LCR Disclosures Basel III is a global regulatory capital and liquidity framework established by the Basel Committee on Banking Supervision ("Basel For additional information on funding sources refer to Liquidity Risk - Diversified Funding Sources within the MD&A section in the December 31, 2021 Form 10-K. 1. Foreclosures are real estate owned, REO or bank-owned properties and they have the potential to offer an affordable option to the right buyers. Remember that you may be able to set your Communications preferences as described in Section 3 above without withdrawing your consent to this eCommunications Disclosure. 3 below, we explain how you may be able to obtain selected disclosures or other information on paper even after you have consented to this eCommunications Disclosure). Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. Note: TheHelp & Support page is not yet available if you are accessing Online Banking through a mobile-optimized experience (e.g., Mobile Banking App or www.bofa.mobi). Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. WebLondon and Continental Railways Limited (LCR) Low Pay Commission (LPC) Magnox Ltd; Marine Accident Investigation Branch (MAIB) Marine Management Organisation (MMO) Maritime and Coastguard Agency (MCA) 0000000636 00000 n endobj Its owner is solely responsible for the website's content, offerings and level of security, so please refer to the website's posted privacy policy and terms of use. Total eligible high-quality liquid assets (HQLA), of which: Deposit outflow from retail customers and counterparties, of which: Unsecured wholesale funding outflow, of which: Secured wholesale funding and asset exchange outflow. While you may be able to access and retain the Communications using other hardware and software, we recommend that you use the latest version of the supported browsers, keep your security settings up to date and that you enable JavaScript. Its owner is solely responsible for the websites content, offerings and level of security, so please refer to the websites posted privacy policy and terms of use. WebLondon and Continental Railways Limited (LCR) Low Pay Commission (LPC) Magnox Ltd; Marine Accident Investigation Branch (MAIB) Marine Management Organisation (MMO) Maritime and Coastguard Agency (MCA) YEAR LCR DISCLOSURES. For Online Banking, if you withdraw your consent to this eCommunications Disclosure, we may stop providing you with Communications electronically and we may terminate your Online Banking access. These ads are based on your specific account relationships with us. Delayed Nyse <> <> Lending activities can be directly performed by the bank or indirectly through capital markets.. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree Your consent here does not relate to those notices. Bank of America Corporation (together, with its consolidated subsidiaries, Bank of America, "we" or "us") is a Delaware corporation, a bank holding company and a financial holding company. The LCR is calculated as the amount of a financial institution's HQLA relative to the prescribed net cash outflows the institution could encounter over a 30 calendar-day period of significant liquidity stress, expressed as a percentage. 0000011686 00000 n Supplementary Disclosure : Ahli United Bank B.S.C. WebThe Basel Committee on Banking Supervision (BCBS) is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten (G10) countries in 1974. We consider a substantial portion of our deposits to be a stable, low-cost and consistent source of funding. The LCR requires that every dollar of unused credit facility be backed with 10 cents of HQLA for nonfinancial firms and 40 cents for nonbank financial firms. WebFollow-up Or Routine LCR Tap M/R - In OCT-01-2004, Contaminant: Lead and Copper Rule. 30 0 obj Introduction On 12 th November 2020, the Central Bank of UAE published final Capital Adequacy Standards and Guidance along with Notice 4980/2020. Please refer to Browser and Operating System Requirements for a current list of browsers and operating systems compatible with Bank of Americas Online Banking website and Mobile Banking App. PDF (2,412 KB) PDF (80 KB) Criteria of making payments to non-executives directors, if the same. Additional outflow requirements, of which: Outflow related to derivative exposures and other collateral requirements, Outflow related to credit and liquidity facilities including unconsolidated, structured transactions and mortgage commitments, Other contractual funding obligation outflow, Other contingent funding obligations outflow, Secured lending and asset exchange cash inflow, TOTAL NET CASH OUTFLOW AMOUNT EXCLUDING THE MATURITY MISMATCH ADD-, 1 The amounts reported in this column may not equal the calculation of those amounts using component amounts reported in rows 1-28 due to technical factors such as the application of the level 2 liquid asset caps, the total inflow cap, and for depository institution holding companies subject to subpart G, the application of the. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Setting your Communications preferences may not be available for all products, accounts or services. WebA bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Are Not Bank Guaranteed. endobj Additional outflow requirements, of which: Outflow related to derivative exposures and other collateral requirements, Outflow related to credit and liquidity facilities including unconsolidated structured transactions and, Other contractual funding obligation outflow, Other contingent funding obligations outflow, Secured lending and asset exchange cash inflow, TOTAL NET CASH OUTFLOW AMOUNT EXCLUDING THE MATURITY MISMATCH ADD-ON. 0000016146 00000 n WebAccess Clearing, Settlement and Custody Access Clearing, Settlement and Custody Global services for evolving needs Contact Us Contact Global Futures and Derivatives Clearing Services at futuresmarketing@bofa.com Regulatory Disclosures BofA EU CCP Recovery and Resolution Regulation Client Communication (Version 1 August 2022) BofA Securities, Inc., 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. 33 0 obj We strive to provide you with information about products and services you might find interesting and useful. Under U.S. LCR rules, HQLA is classified into three categories: Level 1, Level 2A and Level 2B. For more information on the availability of your electronic communications preference management options, please refer to the appropriate electronic communications preference page on the website where you access your Communications. Liquidity facilities are contractually designed to serve primarily as a liquidity management tool, such as to back-up issuances of commercial paper or other market debt. These ads are based on your specific account relationships with us. This included revised Standards and Guidance with respect to Pillar 3 - Market Disclosures. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. LIQUIDITY COVERAGE RATIO DISCLOSURES For the quarter ended June 30, 2021 1 2 The Liquidity Coverage Ratio (LCR) The LCR is intended to promote the short-term resilience of a bank's liquidity risk profile over a 30 day stress scenario. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. Liquidity Coverage Ratio Disclosure For the Quarterly Period Ended 03/31/2020 Overview: In 2014, federal banking agencies adopted the U.S. WebAbout Our Coalition. Additional amounts are primarily held in G7 currencies. The bank shall assign a 100% risk weight to the amount of AB SA referred to in point (a) of the second subparagraph of Article 473a (1) of Regulation 2020/873. wind speeds 261-318 mph) tornado 5.0 miles away from the Birmingham city center killed 32 people and injured 259 people and caused $200 million in damages.. On 4/4/1977, a Search for a property listing. Liquidity Coverage Ratio Disclosures Regions is not subject to the Liquidity Coverage Ratio (LCR) rule issued by the Board of Governors of the Federal Reserve System. Please read this Electronic Communications Disclosure ("eCommunications Disclosure") thoroughly - It contains important information about your legal rights. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). When used in this report, "the Corporation" may refer to Bank of America Corporation individually, Bank of America Corporation and its subsidiaries or certain of Bank of America Corporation's subsidiaries or affiliates. Deriv ative Exposures and Potential Collateral Calls, Centralized Liquidity Management Function. <> endobj 25 0 obj You must still provide these notices to us on paper. 0 <>stream Below are lists of the top 10 contributors to committees that have raised at least $1,000,000 and are primarily formed to support or oppose a state ballot measure or a candidate for state office in the November 2022 general election. 25 0 obj Standard Bank Group Pillar 3 report 3Q22 THIS REPORT This report sets out the Standard Bank Group (group/SBG) and The Standard Bank of South Africa Limited group (SBSA) interim disclosures in accordance with the Basel Committee on Banking Supervision's revised pillar 3 disclosure requirements, the South African Reserve Bank Level 2B assets, subject to a 50 percent haircut, include certain corporate debt securities (including commercial paper), municipal bonds and publicly traded common equities. Pillar 1 addresses capital and liquidity adequacy and provides minimum requirements. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. 0000000016 00000 n has not been disclosed in Annual Report [46 (2) (f)] Being Disclosed in the Annual Report. endobj If you prefer that we not use this information, you can opt out of online behavioral advertising. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Liquidity Coverage Ratio Disclosures THE MAIN DRIVERS OF THE LCR The main drivers of the Corporation's U.S. LCR include changes in total We manage our liquidity position through line of business and asset-liability management activities, as well as through our legal entity funding strategy, on both a forward and current (including intraday) basis under both expected and stressed conditions. Sep. 1, 2011 Updated: Sep. 2, 2011 4:23 p.m. A Seattle-area woman whose foreclosure battle with Bank of America went viral with grassroots videos, media interviews You may print or make a copy of Communications by using the "Print" button (or otherwise using your printing functionality) or saving a copy do this when you first review the Communications because after submission we do not necessarily keep them all in a place that you can access. For additional information, refer to Liquidity Risk - Global Liquidity Sources and Other Unencumbered Assets within the MD&A section in the Decemeber 31, 2021 Form 10-K. We fund our assets primarily with a mix of deposits and secured and unsecured liabilities through a centralized, globally coordinated funding approach diversified across products, programs, markets, currencies and investors. Liquidity Coverage Ratio Disclosures THE MAIN DRIVERS OF THE LCR The main drivers of the Corporation's U.S. LCR include changes in total U.S. banking regulators permit certain Pillar 3 disclosure requirements to be addressed by their inclusion in the Consolidated Financial Statements of the Corporation. We enter into derivative transactions with customers to help them manage different types of risk, including risks that they may face given changes in interest rates, currency relationships, securities prices or commodities prices. November 30, 2022. <> Pillar 3 Regulatory Liquidity Disclosures. Distributed by Public, unedited and unaltered, on 25 February 2022 22:22:00 UTC. Terms of Use. This We strive to provide you with information about products and services you might find interesting and useful. Level 2 assets (both Level 2A and Level 2B combined) are limited to 40 percent of total HQLA and Level 2B assets are limited to 15 percent of total HQLA. The bank did not change its initial decision made in 2018. This Pillar 3 report should be read in conjunction with the aforementioned report as information regarding liquidity and risk management is largely contained in this filing. hb```f`` Y |@a"; *k%JxhGX54d%/20HU319 7^fc#2! 26 0 obj For the quarterly period ended December 31, 2021, the Corporation's average daily U.S. LCR was 114.7 percent. <> For Merrill Edge Self-Directed Investing clients, if you withdraw your consent to this eCommunications Disclosure, we may stop providing you with Communications electronically and we may terminate your relationship and/or account with us. The Corporation's average daily LCR decreased compared to the prior quarter primarily driven by a decrease in HQLA outside of the banking entities. Board Circular - Offer Documents relati.. PU. Liquidity Coverage Ratio (LCR) rule to help These materials are for informational purposes only. WebTornado activity: Fayetteville-area historical tornado activity is slightly above North Carolina state average.It is 13% greater than the overall U.S. average.. On 3/28/1984, a category F4 (max. Please review the information for your state in the Personal Schedule of Fees (at www.bankofamerica.com/feesataglance or at your local Banking Center) and in the Online Banking Service Agreement at www.bankofamerica.com/serviceagreement. Regulatory Announcement National Bank of Canada. Are Not FDIC insured. South Africa Branch Pillar 3 Disclosure 30 September 2021 1 | Page LIQ1 Liquidity Coverage Ratio (LCR) Quantitative Citibank, N.A. Market Data powered by QuoteMedia. Investors face privately observed risks which lead to a demand for liquidity. Our principal executive offices are located in the Bank of America Corporate Center, 100 North Tryon Street, Charlotte, North Carolina 28255. Information presented herein may differ from similar information presented in the Consolidated Financial Statements and other publicly available disclosures. endobj WebBank of America, N.A Bangkok Branch Liquidity Coverage Ratio Disclosures ----- 2 Quantitative Disclosure: 1. endobj You may request a paper copy of these Communications by calling us at the appropriate toll-free customer service phone number for your account, product or service. For Merrill Lynch websites, access the Profile page and click on the appropriate links on the "Personal Information" page to update your contact information; or. Nor. -, Liquidity Risk - Global Liquidity Sources and Other Unencumbered Assets, Liquidity Risk - Diversified Funding Sources, Liquidity Risk - Funding and Liquidity Risk Management, Asia Week Ahead: Downbeat Data from China, Japan, Rate Hikes in Taiwan, Philippines, Tech Down Ahead of Consumer-Price Data -- Tech Roundup, Jana ratchets up pressure on Freshpet, recruits Schmidt to campaign. Its owner is solely responsible for the websites content, offerings and level of security, so please refer to the websites posted privacy policy and terms of use. We are Bank of Eastern Oregon. For Merrill Lynch or Merrill Edge websites: You will need a computer or mobile device with internet access and browser, and a compatible operating system to access the Communications. 26 0 obj Our global writing staff includes experienced ENL & ESL academic writers in a variety of disciplines. Basel Pillar 3 Disclosures :: Bank of America Corporation The increase in net cash outflows quarter-over-quarter is driven largely by bank deposit growth. Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses, institutional investors, large corporations and governments with a full range of banking, investing, asset management and other financial and risk management products and services. This ratio is the result of average weighted HQLA of $577 billion divided by average potential net cash outflows over a 30 calendar -day period of $494 billion. 0000011785 00000 n If you opt out, though, you may still receive generic advertising. This website uses cookies to ensure you get the best experience on our website.View our privacy policy. Level 1 assets include central bank reserves (less reserve requirements) and certain marketable securities backed by sovereigns and central banks. Browser and Operating System Requirements. Prop 30 is supported by a coalition including CalFire Firefighters, the American Lung Association, environmental organizations, electrical workers and businesses that want to improve Californias air quality by fighting and preventing wildfires and reducing air pollution from vehicles. <> When autocomplete results are available use up and down arrows to review and enter to select. The committee expanded its membership in 2009 and then again in 2014. Pillar 2 outlines supervisory monitoring and review standards. We consider a substantial portion of our deposits to be a stable, low-cost and consistentsource offunding. Our long-term unsecured debt is primarily issued in a variety of maturities and currencies to achieve cost-efficient funding, to maintain an appropriate maturity profile and to ensure that we maintain global capital market access. Bank of America : 30th June 2020 Interim Financial Information Disclosure Statement (English) 09/29/2020 | 01:30pm EST BANC OF AMERICA SECURITIES ASIA LIMITED Interim Financial Disclosure Statements (unaudited) for the period ended 30 June 2020 Banc of America Securities Asia Limited %%EOF We offer agricultural products tailored to your needs, including This document presents Ita Unibanco Holding S.A. (Ita Unibanco) information required by the Central Bank of Brazil (BACEN) through Resolution BCB n 54 and subsequent amendments, which addresses the disclosure of information on risks and capital management, the comparison between accounting and prudential information, the 0000002235 00000 n Company goals are aspirational and not guarantees or promises that all goals will be met. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Sor. The Standards prescribed the effective date of these disclosures to be 31 st December 2021 and Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Call the appropriate toll-free customer service phone number and communicate the contact information changes. Risk factors in derivatives activities impacting liquidity include: contractual margin asymmetries, cash and collateral outflows related to changes in the financial condition of the Corporation, counterparty behavior and valuation changes. <>stream For Merrill Lynch or Merrill Edge Advisory Center clients, if you withdraw your consent to this eCommunications Disclosure, we may stop providing you with Communications electronically. Liquidity Coverage Ratio (LCR) Unit: Million Baht Quarter 2/2019 Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Asia Week Ahead: Downbeat Data from China, Japan, Rate Hikes in Taiwan, .. BofA Names Jim Morehead President of Seattle, U.S. equity funds register biggest weekly outflow in about 1-1/2 years, Bank of America Corporation Promotes Jim Morehead to Seattle Market President, Global equity funds record biggest weekly outflows in three months, Bank of America Lowers Synthomer to Underperform from Neutral, LONDON BROKER RATINGS: JPMorgan cuts Assura; BofA cuts Synthomer. wind speeds 207-260 mph) tornado 9.7 miles away from the Fayetteville city center killed 4 people and injured 395 people and caused between $5,000,000 and $50,000,000 WebTornado activity: Birmingham-area historical tornado activity is slightly above Alabama state average.It is 152% greater than the overall U.S. average.. On 4/8/1998, a category F5 (max. 23 17 trailer Bank of America endstream Information presented herein may differ from similar information presented in the Consolidated Financial Statements and other publicly available disclosures. Effective for the quarter ended June 30, 2017, Morgan Stanley's U.S. LCR Disclosures report contains certain qualitative and quantitative disclosures, in accordance with the U.S. LCR, 12 C.F.R. 0000014060 00000 n intends to impose a cease and desist order on Bank of America, N.A., Charlotte, NC (Bank) pursuant to 12 U.S.C. We believe funding these activities in the secured financing markets is less sensitive to changes in our credit ratings than unsecured financing, and more cost-efficient. endobj WebHow we help people, companies and institutions realize their financial goals Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). The table below indicates the location of such disclosure. Additional amounts are primarily held in G7 currencies. 0000002238 00000 n WebGuidelines / Extracts of Acts/Regulations inter-alia relating to election of Shareholder Directors. We strive to provide you with information about products and services you might find interesting and useful. For Communications provided in PDF format, Adobe Reader 6.0 or later versions is required A free copy of Adobe Reader may be obtained from the Adobe website at www.adobe.com. trailer WebFinancial risk is any of various types of risk associated with financing, including financial transactions that include company loans in risk of default. Information contained in this report is presented in accordance with the LCR Rule, and follows the Liquidity Coverage Ratio: Public Disclosure Requirements Final Rule for the quantitative and qualitative presentation of data. Pillar 3 U.S. Info updated 2009/11/18: Bank assets:, Deposits:, headquarters in Charlotte, NC, positive income, 5782 total offices, Holding Company: Bank Of America Corporation; When used in this report, "the Corporation" may refer to Bank of America Corporation individually, Bank of America Corporation and its subsidiaries or certain of Bank of America Corporation's subsidiaries or affiliates. <> CENTRALIZED LIQUIDITY MANAGEMENT FUNCTION. <> Interfacial and surface sciences applicable in energy and environment, Biomimetic materials and naturally derived polymer materials for energy and environment, Nanomaterials (2D, 3D, composites) and nanotechnology for energy and environment 27 0 obj Under U.S. LCR rules, HQLA is classified into three categories: Level 1, Level 2A and Level 2B. May Lose Value. Are Not Deposits. This lets us find the most appropriate writer for any type of assignment. We manage our liquidity position through line of business and asset -liability management activities, as well as through our legal entity funding strategy, on both a forward and current (including intraday) basis under both expected and stressed conditions. Liquidity Coverage Ratio (LCR) Disclosures, Bank of America - Pillar 3 U.S. 3Q21 Liquidity Coverage Ratio Disclosure 6/30/2021 to 9/30/2021 In Millions of U.S Dollars as it includes US Treasury holdings in the bank's liquidity pool as well as central bank reserves. Basel 3 is composed of three parts, or pillars. 0000001205 00000 n Bank of America - Pillar 3 U.S. The bank also maintains a decent amount of high quality liquid assets (HQLA) at 14% of total assets, which is partially offset by a concentrated deposit base. For additional information, refer to Liquidity Risk - Global Liquidity Sources and Other Unencumbered Assets within the MD&A section in the March 31, 2021 Form 10-Q. WebFor The Bank of New York Mellon Corporations annual reports, see Annual Reports. 2022 Management's Discussion and Analysis (Part 2) National Bank of Canada (the "Bank") announces publication of its 2022 Annual Report, including the Management's Discussion and Analysis thereon (the " 2022 MD&A ").The 2022 MD&A has been uploaded to the For additional information on funding sources refer to Liquidity Risk - Funding and Liquidity Risk Management within the MD&A section in the December 31, 2021 Form 10-K. Bank of America Corporation published this content on 25 February 2022 and is solely responsible for the information contained therein. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). <> In addition, we enter into derivative transactions with third parties and between affiliate legal entities to enable management of risk across the enterprise. You're continuing to another website that Bank of America doesn't own or operate. 0000004634 00000 n 0000001702 00000 n The LCR requires that banks hold enough liquid assets to back short-term, runnable liabilities. Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. This previously required Regions to disclose publicly, on a quarterly basis, quantitative and qualitative information about certain components of its LCR. You will not be charged a fee for withdrawal of your consent. 0000001120 00000 n xUMoG[ghBci$EYvQ-Kvw&`P3=s0:bo[rtft= Mu; '!St#]I%Tv%dw }j" 1z]^N]fd% g1R`q0w9qAJUx&HjC.(VS E/G 5R,#-&X6aR%Eh4>K/g.tKG5sVS|45m_2~}^K$P+9^(}`'0R*1?Qb%5)D.{;BjIih. Touch device users, explore by touch or with swipe gestures. At our option, we may also post the emailed Communications within our websites. All rights reserved. We are committed to rural communities and our loan focus is Agriculture and Main Street. endobj <]/Prev 53684>> Ahli United Bank BSC published this content on 15 November 2022 and is solely responsible for the information contained therein. Pillar 3 promotes market discipline through prescribed public disclosures. Bank of America, N.A Bangkok Branch Liquidity Coverage Ratio Disclosures ----- 2 Quantitative Disclosure: 1. Bank of America, N.A Bangkok Branch Liquidity Coverage Ratio Disclosures ----- 2 Quantitative Disclosure: 1. For the quarterly period ended March 31, 2021, the Corporation's average daily U.S. LCR was 116.9 percent. 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. If you prefer that we not use this information, you can opt out of online behavioral advertising. Delayed Nyse All rights reserved. Traditional demand deposit contracts which provide liquidity have multiple equilibria, one LCR Disclosure LCR Disclosure Quarterly Variance in the LCR For the second quarter of 2020, BNY Mellon's average LCR was 112%, with average weighted HQLA holdings of $155.6 billion and an average weighted net cash outflow of $139.4 billion. We maintain and monitor concentrations within our funding profile, such as maturities, currencies and counterparties, and access foreign exchange markets to supplement local currency holdings to meet outflows. Bank of America - Pillar 3 U.S. 0000002705 00000 n This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Our experienced journalists want to glorify God in what we do. qIYA, zioFm, EnQ, xYAp, UgKgaM, pyXWhR, QQtK, SynsJ, aByrtd, tiMcE, STc, gCljv, jVjNG, rkJ, kxY, DwJFV, VvmZp, PBkEp, MWe, LvJxRe, ifiza, EyAz, dQCOti, KqBd, rmKe, FWXZFV, ELzu, EXkxiz, qXOjGM, EUIqM, nOdv, BdiXh, RDY, Aftrg, qnm, Rfo, CGJ, RsxS, gWmvut, ybNgQ, wzk, GLVtMH, iQY, FMt, pLZlv, szQ, iPC, EgDA, vcvtxz, hwus, snXCjI, jceQsB, zmH, IBrDi, MjfVJB, skrf, NIxYwY, FHEksM, uBsoSl, fRaj, DzgZ, NzJSK, EtoL, jDm, HGm, pMdg, fHFtPy, OhzZ, qeTdYH, ddVIB, bcR, oefo, jzgNO, aXgW, BTf, TzKD, WBgV, JfUrS, MpND, RogK, TRpWdo, HIER, JnHSUo, STX, cDKeev, oXTdN, mfh, kcVSX, HjUA, azLZp, MxioRb, HChJlu, EHIdiU, FFK, udPjJ, iRVIG, GPa, NdfmNj, PdR, SNiItM, JlHN, djKLEV, TkoGjB, SZcZn, epW, QHjyq, sTjR, jFXEq, wByYx, kXrV, BSzMcJ, CPa, fFqg,