NEW YORK, Dec. 3 /PRNewswire/ -- BofA Merrill Lynch Global Research today announced the hiring of Priya Misra as head of U.S. Rates Strategy Research. In this role, Misra will be responsible for the strategy and development of our U.S. rates research product and recommendations. Misra will report to Adam Quinton, head of BofA Merrill Lynch Global Macro Research. (Photo: http://www.newscom.com/cgi-bin/prnh/20090812/CL60095LOGO ) "Priya adds considerable strength to our U.S. Rates Strategy Research franchise and we are delighted to have her on board," said Quinton. "Her expertise on advising clients on the relative value in the interest rate markets, coupled with her proven ability to identify investment opportunities with the Treasury, TIPS, agency debt, swap and options markets, will allow us to become a formidable competitor in this space." Misra is a highly regarded analyst who ranked in the top three for U.S. Governments Strategy or Federal Agency Debt Strategy in Institutional Investor's All-America Fixed Income Research team surveys from 2003 to 2008. From 2001 to 2008, Misra worked at Lehman Brothers as an interest rate strategist, Barclays Capital as a mortgage strategist, and most recently at Nomura where she was head of U.S. rates strategy. Misra graduated from the Lady Sri Ram College, University of Delhi with a bachelor's degree in economics. She has a postgraduate diploma in management, majoring in finance, from the Indian Institute of Management, Bangalore. Reporting to Misra are U.S. rates strategy team members Michael Cloherty, Joe Shatz, Stanley Sun, Jonathon Rick and Marcus Collier. The goal of BofA Merrill Lynch Global Research is to be the premier global research franchise, providing clients with exceptional service, value-added investment insights and alpha-generating investment recommendations. Since January 2009, BofA Merrill Lynch Global Research has hired 49 analysts in the Americas and an additional 50 analysts globally. The BofA Merrill Lynch Global Research franchise covers nearly 3,000 stocks globally and ranks in the top tier in many external surveys. Most recently the group was named Top Global Broker, Top U.S. Broker and No. 2 Europe Broker by Financial Times/StarMine and Best Brokerage by Forbes/Zacks. In addition, the group ranked No. 1 in the 2009 Institutional Investor All-Europe survey for Pan-European coverage, No. 2 in the Institutional Investor 2009 All-Brazil Research team survey, and No. 3 in the Institutional Investor 2009 All-America Equity, All-Latin America, and All-America Fixed-Income Research team surveys. Bank of America Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company's corporate and investment banking, and sales and trading businesses operate under the Bank of America Merrill Lynch brand. Bank of America Merrill Lynch focuses on middle-market and large corporations, institutional investors, financial institutions and government entities. It provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, research, and liquidity and payments management. Bank of America Merrill Lynch serves clients in more than 150 countries and has relationships with 99 percent of the U.S. Fortune 500 companies and nearly 96 percent of the Fortune Global 500. Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, Banc of America Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, which are both registered broker-dealers and members of FINRA and SIPC, and, in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed http://www.bankofamerica.com/ http://www.newscom.com/cgi-bin/prnh/20090812/CL60095LOGO http://photoarchive.ap.org/ DATASOURCE: Bank of America CONTACT: Susan McCabe Walley, Bank of America, +1-212-449-0389, Web Site: http://www.bankofamerica.com/

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