Bank of America looks to grow in Pittsburgh

Bank of America is continuing its increased investment and expanded presence in Pittsburgh. Brian Ludwick has been appointed the new market president to spearhead that growth.

In his new role, Ludwick is focusing on further building out the bank’s eight lines of business in the market, including expanding retail opportunities. He will continue to serve as Merrill Lynch market executive for western Pennsylvania. As a part of the expansion effort, Bank of America announced the opening of its first full-service financial centers in Pittsburgh, bringing retail banking services to new and existing clients in the area.

“The decision to open financial centers here is an important demonstration of our continued commitment to Pittsburgh,” said Ludwick. “Pittsburgh has a long history with Merrill Lynch, including $11 billion of client assets in the market. These centers will provide new customers and our existing banking, investment and commercial clients access to all the capabilities Bank of America Merrill Lynch has to offer.”

Seamlessly integrated with top-ranked digital offerings, the physical presence of these new financial centers will provide clients with both the high-tech and high-touch experience the bank is striving to create for its consumers.

Ludwick came to Pittsburgh in 2016 when he was appointed market executive for Merrill Lynch. He joined Merrill Lynch as a financial advisor in 2000 and has held various positions within the company, including market executive in Louisville, Kentucky and wealth management bank and credit executive for the Greater Midwest Market.

8/9/2018


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