Hany Naguib has been appointed to head the GTS team and will be accountable for driving overall growth, serve as senior GTS representative to the market, as well as directly overseeing the bank’s large corporate clients.
The Canadian-based team will also comprise a dedicated team of treasury officers led by Katie Simpson, who will concentrate on catering to the needs of small to middle market firms.
BofA global transaction services head Paul Simpson said, "We offer GTS products that are market-leading, combining local service that is fully integrated with our global operations and a complete product suite which is increasingly important to Canadian clients."
Operating as a diversified wholesale financial institution in Canada, BofA offers investment and corporate banking services, as well as global markets products, to its clients.
Serving 52 million consumer and small business relationships with nearly 5,400 retail banking offices and approximately 16,300 ATMs, BofA offers wealth management services, corporate and investment banking and trading in a variety of asset classes.
