Press
UKSPA Welcomes Bank of America (BofA) as new member
13 June 2023: Today, the UK Structured Products Association ("UKSPA") announces that Bank of America will join as a new member with immediate effect. This brings the total membership of the UKSPA to 21 firms, and further consolidates the position of UKSPA as an important and influential body representing the structured product industry.Bank of America is one of the world's leading financial institutions with a full range of banking, investment management and other financial and risk management products and services.
Zak De Mariveles, Chairman of the UKSPA, comments on the new member: "We are delighted to welcome Bank of America, a leading global financial institution, as a member of UKSPA. Our membership has been growing steadily since our inception in 2009 and we now represent the significant majority of those involved in the UK structured products market. This gives our members the unique opportunity to collaborate on building best practice for our industry and support and educate the wider investment community on the benefits of structured products."
Narvir Brar, Head of UK Equity Derivative Sales at Bank of America said: "We are delighted to join the UKSPA, this membership underlines our commitment to our clients and to the continuing innovation of our structured product range in the UK and across Europe. We look forward to bringing our market expertise to the association and playing our part in the further advancement of the UK market for structured products."
