Bank of America Private Bank Names Simon Clark to Head Orange County Expansion; Two Others Promoted in Newport Beach

Apr 12, 2001, 01:00 ET from Bank of America

    LOS ANGELES, April 12 /PRNewswire/ -- Connie Beck, president of the
 Private Bank western region, announced today that Bank of America has selected
 Simon Clark to lead its Private Bank expansion in Newport Beach.  Clark has
 been executive for the Private Bank Los Angeles market, and this increases his
 responsibilities to encompass Orange County client relationship teams.
     "Simon has helped make Los Angeles one of our fastest growing Private Bank
 communities, and he has been instrumental in helping to build enduring client
 relationships by bringing innovative financial advice and solutions to our
 affluent clients in southern California," Beck said.  "His 24 years of
 experience spanning both private banking and investment banking are invaluable
 to delivering the vast resources of our franchise to this region.  Simon is a
 dynamic leader within our California Private Bank, and he brings deep
 knowledge of all aspects of finance and investments to his teammates and to
 the high-net-worth clients they serve."
     The bank also announced today that Susie Luer and Craig Mardany have been
 promoted to senior vice president.  Both are part of the Private Bank Newport
 Beach team, which reports to Clark.  Luer is a certified financial planner and
 client relationship manager with more than 14 years of experience at Bank of
 America in California.  Mardany has 18 years of experience and has been with
 the company nearly 14 years with a focus on alternative investment
 consultation, trust and estate planning, and customized credit solutions.
     Bank of America has identified California as a strategic market for
 investing financial and intellectual capital.  "Expanding asset management
 businesses, including the Private Bank, is a key strategy for our company to
 achieve its greatest potential for growth," Beck said.  "These promotions also
 illustrate our commitment to recruiting and promoting highly talented
 professionals in our Private Bank organization," she added.
     The Private Bank of Bank of America focuses on building and preserving the
 wealth of individuals and families.  It provides clients with investment,
 fiduciary and comprehensive credit expertise.  Services offered include
 investment management; alternative investments and derivative solutions; asset
 allocation; specialized asset management, including real estate; personal
 trust services; wealth transfer; estate planning; tax advice and planning;
 customized lending; and mutual funds and brokerage services.  With
 $129 billion in assets under management, the Private Bank is an industry
 leader in providing innovative financial solutions for high-net-worth clients.
     One of the world's leading financial services companies, Bank of America
 is committed to making banking work for customers like it never has before.
 Through innovative technologies and the ingenuity of its people, Bank of
 America provides individuals, small businesses and commercial, corporate and
 institutional clients across the United States and around the world new and
 better ways to manage their financial lives.  The company enables customers to
 do their banking and investing whenever, wherever and however they choose
 through the nation's largest financial services network, including more than
 4,400 domestic offices and 13,000 ATMs, as well as 38 international offices, a
 telephone banking network that handles over a half billion calls a year and an
 Internet Web site that provides online access for over 3 million customers,
 more than any other bank.
     Bank of America stock (NYSE:   BAC) is listed on the New York, Pacific and
 London stock exchanges.  The company's Web site is www.bankofamerica.com .
 News, speeches and other corporate information may be found at
 www.bankofamerica.com/newsroom .
 
 

SOURCE Bank of America
    LOS ANGELES, April 12 /PRNewswire/ -- Connie Beck, president of the
 Private Bank western region, announced today that Bank of America has selected
 Simon Clark to lead its Private Bank expansion in Newport Beach.  Clark has
 been executive for the Private Bank Los Angeles market, and this increases his
 responsibilities to encompass Orange County client relationship teams.
     "Simon has helped make Los Angeles one of our fastest growing Private Bank
 communities, and he has been instrumental in helping to build enduring client
 relationships by bringing innovative financial advice and solutions to our
 affluent clients in southern California," Beck said.  "His 24 years of
 experience spanning both private banking and investment banking are invaluable
 to delivering the vast resources of our franchise to this region.  Simon is a
 dynamic leader within our California Private Bank, and he brings deep
 knowledge of all aspects of finance and investments to his teammates and to
 the high-net-worth clients they serve."
     The bank also announced today that Susie Luer and Craig Mardany have been
 promoted to senior vice president.  Both are part of the Private Bank Newport
 Beach team, which reports to Clark.  Luer is a certified financial planner and
 client relationship manager with more than 14 years of experience at Bank of
 America in California.  Mardany has 18 years of experience and has been with
 the company nearly 14 years with a focus on alternative investment
 consultation, trust and estate planning, and customized credit solutions.
     Bank of America has identified California as a strategic market for
 investing financial and intellectual capital.  "Expanding asset management
 businesses, including the Private Bank, is a key strategy for our company to
 achieve its greatest potential for growth," Beck said.  "These promotions also
 illustrate our commitment to recruiting and promoting highly talented
 professionals in our Private Bank organization," she added.
     The Private Bank of Bank of America focuses on building and preserving the
 wealth of individuals and families.  It provides clients with investment,
 fiduciary and comprehensive credit expertise.  Services offered include
 investment management; alternative investments and derivative solutions; asset
 allocation; specialized asset management, including real estate; personal
 trust services; wealth transfer; estate planning; tax advice and planning;
 customized lending; and mutual funds and brokerage services.  With
 $129 billion in assets under management, the Private Bank is an industry
 leader in providing innovative financial solutions for high-net-worth clients.
     One of the world's leading financial services companies, Bank of America
 is committed to making banking work for customers like it never has before.
 Through innovative technologies and the ingenuity of its people, Bank of
 America provides individuals, small businesses and commercial, corporate and
 institutional clients across the United States and around the world new and
 better ways to manage their financial lives.  The company enables customers to
 do their banking and investing whenever, wherever and however they choose
 through the nation's largest financial services network, including more than
 4,400 domestic offices and 13,000 ATMs, as well as 38 international offices, a
 telephone banking network that handles over a half billion calls a year and an
 Internet Web site that provides online access for over 3 million customers,
 more than any other bank.
     Bank of America stock (NYSE:   BAC) is listed on the New York, Pacific and
 London stock exchanges.  The company's Web site is www.bankofamerica.com .
 News, speeches and other corporate information may be found at
 www.bankofamerica.com/newsroom .
 
 SOURCE  Bank of America