President of bank america home loans email

 

president of bank america home loans email

Michael Reed serves as a Bank of America Merchant Services Executive Vice President and Managing Director of operations in Europe, where the company does business as BofA Merrill Lynch Merchant Services (Europe), LLC. Reed is charged with growing the company’s European client portfolio and delivering innovative payments solutions to large clients.

Reed has held several senior leadership roles within Bank of America Merchant Services, having previously served as Executive Vice President for the company’s Corporate Client Segment and before that as Chief Operating Officer.

Prior to that, Reed spent 11 years in various leadership roles at First Data, which today co-owns Bank of America Merchant Services. He managed product delivery, service quality and financial performance for First Data’s Equity Alliances businesses. During this time, Reed created the first operational model between First Data and Bank of America Merchant Services. For several years, he oversaw all aspects of First Data’s relationship with Walmart and served as the principal liaison with the client executive team.

President of bank america home loans email

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Michael Reed serves as a Bank of America Merchant Services Executive Vice President and Managing Director of operations in Europe, where the company does business as BofA Merrill Lynch Merchant Services (Europe), LLC. Reed is charged with growing the company’s European client portfolio and delivering innovative payments solutions to large clients.

Reed has held several senior leadership roles within Bank of America Merchant Services, having previously served as Executive Vice President for the company’s Corporate Client Segment and before that as Chief Operating Officer.

Prior to that, Reed spent 11 years in various leadership roles at First Data, which today co-owns Bank of America Merchant Services. He managed product delivery, service quality and financial performance for First Data’s Equity Alliances businesses. During this time, Reed created the first operational model between First Data and Bank of America Merchant Services. For several years, he oversaw all aspects of First Data’s relationship with Walmart and served as the principal liaison with the client executive team.

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Barbara Desoer, the president of Bank of America's home loans division who was once considered a possible successor to former Chief Executive Ken Lewis, will retire at the end of February, B of A said Friday.

Desoer, 59, has long been viewed as one of the top women in banking. She led the integration of four major acquisitions by B of A, including Fleet Financial, MBNA, U.S. Trust and LaSalle Bank. Last year, American Banker Magazine ranked her ninth on its Most Powerful Women in Banking list .

A management shake-up in October by B of A's CEO Brian Moynihan left Desoer with her division president title but little power. Though Desoer made attempts to deal with B of A's acquisition of the giant lender Countrywide Financial Corp., the magnitude of Countrywide's problems and the reshuffling by Moynihan that streamlined the chain of command under two top deputies, co-chief operating officers David Darnell and Thomas Montag, presaged Desoer's exit.