BofA launches charitable contribution to support Save the Children at Sibos 2013

Bank Of America Building

The Global Transaction Services business at Bank of America Merrill Lynch has announced that, for the second consecutive year, in lieu of offering gifts to clients attending the annual Sibos conference, the company will give delegates the opportunity to contribute to charity.

This year’s chosen recipient is Save the Children.

Sibos (the Swift International Banking Operations Seminar) is organised annually by SWIFT (the Society for Worldwide Interbank Financial Telecommunication). Each year, the event attracts over 7,000 participants from around the world, all with the common goal of shaping the financial future. From payments to securities and cash management to trade, Sibos offers a unique ‘forum for action’ for finance leaders, multinational corporations and technology partners.

Bank of America Merrill Lynch will make a donation to Save the Children each initial time a delegate leaves their business card at the company’s booth (F57). The initiative forms part of the company’s 10-year goal to donate $2bn to non-profit organizations around the world.

'At Bank of America Merrill Lynch we focus on developing innovative solutions that help build stronger economies', said Paul Simpson, head of Global Transaction Services at the company. 'I encourage every delegate at Sibos to visit our booth and drop off their business card. This small gesture will help support children in the Middle East and elsewhere around the world, with basic education, and provide critical assistance to those who experience suffering in war-torn countries'.

'We know that children are always the most vulnerable in conflict situations, and I have seen this first-hand in my travels to Jordan, Pakistan and Iraq this year', said Carolyn Miles, president and CEO of Save the Children. 'We are especially grateful to our partners, like Bank of America Merrill Lynch, who support us in our efforts to make sure these children are protected, healthy and have a chance to reach their full potential in life'.

image: © lewisha1990

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