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Vice Chairman and Head of the Investment Solutions Group, Bank of America, New York
Keith Banks is vice chairman at Bank of America and head of the Investment Solutions Group (ISG) which encompasses the company’s Chief Investment Office, Alternative Investments, Capital Markets and the products and platforms supporting Merrill, Bank of America Private Bank (formerly known as U.S. Trust), and Retirement & Personal Wealth Solutions. Prior to being named vice chairman in 2017, Banks served as president of U.S. Trust for nine years.
Mr. Banks is a board member of the Bank of America Charitable Foundation, and serves on Bank of America’s Chief Executive Officer’s Management Committee, as well as the Environmental, Social and Governance (ESG) Committee. Previously, he was a member of the Global Diversity & Inclusion Council.
During his career at Bank of America, Mr. Banks has also served as president of the Global Wealth & Investment Management division and president and CIO of Columbia Management. He joined Bank of America in 2004, following FleetBoston Financial’s merger with the company. Prior to this, Mr. Banks held the roles of CIO and CEO of FleetBoston Financial’s asset management organization.
Prior to joining FleetBoston in 2000, Mr. Banks was a managing director and head of U.S. equity for JP Morgan Investment Management. During his 16-years at JP Morgan, Mr. Banks also served as global head of equity research, head of U.S. equity research and as a portfolio manager and equity research analyst for the chemical and textile industries. Mr. Banks began his investment career as an equity analyst at Home Insurance in 1981.
Mr. Banks earned a bachelor’s degree in economics with high honors and Phi Beta Kappa from Rutgers University, and his MBA in finance from Columbia Business School. He is a Chartered Financial Analyst.
Mr. Banks is a member of the Rutgers Board of Governors, sits on the Hackensack Meridian Health Board of Trustees, Board of Advisors of Columbia University Medical Center and Columbia Business School’s Board. He is also a member of the Board of Directors of Lincoln Center.