Michelle Meyer Joins BofA Merrill Lynch Global Research as Senior U.S. Economist

NEW YORK--(BUSINESS WIRE)--BofA Merrill Lynch Global Research today announced that Michelle Meyer has joined the Developed Markets Economics Research team as senior U.S. economist. In this role, Meyer will focus on driving the group’s housing industry forecasts and supporting the rates and currencies trading desk. She reports to Ethan Harris, head of Developed Markets Economics Research.

“I’m pleased to welcome Michelle to our team”

Meyer joins BofA Merrill Lynch Global Research from Barclays Capital, where she was a senior U.S. economist. In this position, she was both a trading desk and research economist, reporting directly to the chief U.S. economist. Prior to that, she served as a U.S. economist at Lehman Brothers for over three years. Meyer earned a B.A. and an M.A. with honors, both in economics, from Boston University.

“I’m pleased to welcome Michelle to our team,” said Harris. “Her expertise in researching the housing market, along with her ability to analyze macroeconomic indicators and fiscal policy issues, will be a valuable asset to our clients.”

The goal of BofA Merrill Lynch Global Research is to be the premier global research franchise, providing clients with exceptional service, value-added investment insights and alpha-generating investment recommendations.

The BofA Merrill Lynch Global Research franchise covers over 3,100 stocks globally and ranks in the top tier in many external surveys. Most recently, the group was named 2010 Top Global Broker (second consecutive year), Top Europe Broker, No. 2 U.S. Broker and No. 3 Asia broker by Financial Times/StarMine. The team was also named Best Brokerage by Forbes/Zacks for the second consecutive year.

In addition, the group was named No. 1 in the 2010 Institutional Investor All-Emerging Europe Research team survey and No. 3 in the 2010 Institutional Investor All-Europe team survey for pan-European coverage. In 2009, the team was named No. 2 in the Institutional Investor 2009 All-Brazil Research team survey; and No. 3 in the 2009 Institutional Investor 2009 All-America Equity, All-Latin America and All-America Fixed-Income Research team surveys.

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 57 million consumer and small business relationships with 5,900 retail banking offices, more than 18,000 ATMs and award-winning online banking with 29 million active 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 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and 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, Banc of America Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, which are both registered broker-dealers and members of FINRA and SIPC, and, in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed

www.bankofamerica.com