“What would you like the power to do?”
At Bank of America, we ask this question every day of all those we serve. It is at the core of how we live our values, deliver our purpose and achieve responsible growth. By asking this question, we continue to learn what matters most to our clients, our employees and our shareholders. It helps us start a conversation centred on our commitment to using our capabilities to help those we serve to be successful. Because we recognize that we can only be successful when the individuals, companies, communities and employees we serve are able to reach their vision of success.
What we offer
Bank of America is one of the world’s leading financial institutions, serving individuals, small- and middle-market businesses, large corporations, and governments with a full range of banking, investment management and other financial and risk management products and services.
As one of the world’s leading financial institutions, we support 66 million customers in finance, from individuals to businesses, governments and institutions. With a 200,000 strong workforce in more than 35 countries, you’ll find us all over the world, from the Americas to Europe, the Middle East & Africa and Asia, helping to make our customers lives better. And, we care about supporting our colleagues across the globe as much as our customers. In 2021, we were ranked as one of the “100 Best Companies to Work For” by Fortune magazine and the global research and consulting firm Great Place to Work®.
Investing in our teammates
We support our LGBT+ colleagues and families to help them thrive at work and at home. Being an inclusive workplace with employees of different backgrounds and identities strengthens our ability to understand our stakeholders and serve them well.
We believe that achieving responsible growth — the right way — starts with our teammates. Our diversity makes us stronger, and the value we deliver as a company is strengthened when we bring broad perspectives together to meet the needs of our diverse stakeholders.
- Bank of America was the first financial institution to offer comprehensive domestic partner benefits. We offer best-in-class benefits and programs to support the diverse needs of employees, including LGBT+ employees from all generations, to help manage the demands and challenges through all stages of work and personal life.
- Our LGBT+ Pride roots go back to the 1980s when we established the first known HR policies for managing AIDS in the workplace. The bank formed the first Gay and Lesbian employee resource group in the early 1990s. Today, our LGBT+ Pride Ally Program has grown to more than 45 chapters globally with more than 30,000 allies and out-at-work teammates.
- In 2015, we established our LGBT+ Executive Leadership Council, made up of out LGBT+ executives across the world. They focus on developing, retaining and recruiting diverse executive talent and are a respected voice in the company and community.
- Our internal, highly specialized Life Event Services (LES) group provides personalized support to our teammates during major life events, including gender transition. The team provides resources, benefits, counselling and more, tapping experts inside and outside the company. LES can connect them directly with other transgender teammates who have volunteered to provide direct support and guidance.
- Across Europe, we have participated in City Pride events in Paris, Frankfurt, Johannesburg, Zurich, London, Chester and Dublin.
- Bank of America has been named as one of the most inclusive employers in the UK for LGBT+ people in Stonewall’s 2020 annual Top 100 Employers List. This year’s Top 100 was the most competitive ever, with more than 500 employers entering, and our ranking of 28th sees us rise 22 places compared to 2019’s list.