Bank of America
Phil Sullivan currently serves as an Incoming Interest Rate Sales Analyst at Bank of America since May 2024, following a role as a 2024 Global Markets Sales & Trading Summer Analyst. Prior to this, Phil held leadership positions at the Penn State Asset Management Group from November 2021 to December 2024, including President and Chief Investment Officer, while actively contributing as Lead Associate in the Equity Derivatives Sector. Experience as a Capital Markets Summer Analyst focused on Interest Rate Swaps was gained at F.N.B. Corporation from May to August 2023. Phil also participated on the Executive Board of the Penn State Real Estate Society from January 2022 to August 2022. Phil is pursuing a Bachelor’s Degree in Finance at Penn State University, with an expected graduation in 2025, having previously completed high school at Norwin Senior High School from 2017 to 2021.
This person is not in any teams
This person is not in any offices
Bank of America
789 followers
Bank of America is one of the world’s largest financial institutions. Bank of America counts individuals, small and medium businesses, global corporations, and governments among its customers. Within the US, it serves approximately 56 million consumers and small businesses. Globally, it is recognized as a leader in wealth management, corporate and investment banking, and trading. Bank of America has eight business segments serving people, companies, and institutions. The bank has four business lines serving people: Retail, Preferred, Merrill Lynch Wealth Management, and Bank of America Private Bank. Retail offers consumers a suite of products and services through both digital and a large network of brick and mortar branches. Preferred supports clients with up to $250,000 in assets and small businesses with up to $5 million in revenue with cash management, investment solutions. Merrill Lynch Wealth Management serves clients with $250,000 in assets up to ultra high net worth, providing them with unique plans and advice to help each individual achieve their unique financial goals. Bank of America Private Bank provides ultra high net worth clients - those with over $3 million in investable assets - highly personalized, team-based services for investment and wealth management. The bank has three business segments serving companies: Business Banking, Global Commercial Banking, and Global Corporate & Investment Banking. Business Banking serves smaller U.S. companies with annual revenues of $5 million to $50 million through its network of local teams. Global Commercial Banking serves middle-market U.S. companies with revenues in the range of $50 million to $2 billion through a combination of local relationship managers backed by the full capabilities of the bank. These capabilities include treasury, lending, leasing, investment banking, risk management and international subsidiary banking services. The Global Corporate & Investment Banking segment serves clients exceeding $2 billion in revenues and government agencies across 38 countries. The bank provides treasury services, lending, leasing, advisory, and debt and equity underwriting solutions for these clients. For institutions, Bank of America’s Global Markets serves clients such as hedge funds, asset managers, pensions and other financial institutions. BofA provides global sales and trading services to these institutional clients across fixed income, credit, currencies, commodities and equities.