Investment Powerhouse Keith Banks Leads Bank of America with Vision and Strategic Innovation, While Giving Back to His Community

Keith Banks is Vice Chairman of Bank of America and head of its Investment Solutions Group, overseeing the company’s Chief Investment Office, its Alternative Investments, Specialty Asset Management and Capital Markets as well as the products and platforms supporting Merrill, Bank of America Private Bank, and Retirement & Personal Wealth Solutions. He is also a member of the Rutgers University Board of Governors, a longtime Rutgers supporter, and a champion of many civic and philanthropic causes.

Banks graduated Phi Beta Kappa from Rutgers University–Newark with high honors, earning a bachelor’s degree in economics, followed by an MBA in finance from Columbia Business School. He began his investment career as an equity analyst at Home Insurance in 1981. From 1984 to 2000, he held key positions at JP Morgan Investment Management including portfolio manager and equity research analyst for the chemical and textile industries, global head of equity research, and Managing Director and Head of U.S. Equity.

In 2000, Banks became CIO and CEO of Fleet Boston’s asset management organization. Following a merger in 2004, he began his career with Bank of America and served as president of the Global Wealth & Investment Management division and president and CIO of Columbia Management. He served as president of U.S. Trust for nine years and was named vice chairman in 2017.