August 01, 2006 at 14:07 PM EDT
Alan Ginsberg Joins Bank of America's Financial Institutions Investment Banking Group

NEW YORK, Aug. 1 /PRNewswire/ -- Bank of America today announced that Alan Ginsberg has joined the Financial Institutions Group at Banc of America Securities as a managing director. He is based in New York and reports to Tony Ursano, global head of the Financial Institutions Group.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b )

Ginsberg comes to Bank of America from HSBC, where he ran the US Financial Institutions Group. Prior to that, he was a managing director in Financial Institutions at Credit Suisse First Boston and previously was a managing director in the Financial Institutions Group at UBS.

"We're delighted to welcome Alan to the team. We look forward to the contributions he will make to the continued success of our platform," said Tony Ursano. "With more than two decades of Wall Street experience focused on advising companies across the financial institutions spectrum, Alan brings a unique level of insight and perspective that will serve our clients well."

Ginsberg received a Bachelor of Arts degree from Yale University.

About Bank of America

Bank of America (NYSE:BAC) 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 products and services. The company's Global Corporate and Investment Banking group (GCIB) focuses on companies with annual revenues of more than $2.5 million; middle-market and large corporations; institutional investors; financial institutions; and government entities. GCIB provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, treasury management and research. Bank of America serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500. Many of the bank's services to corporate and institutional clients are provided through its U.S. and UK subsidiaries, Banc of America Securities LLC and Banc of America Securities Limited. For additional information, visit http://www.bankofamerica.com.

Source: Bank of America

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