U.S. Trust Leaders to Discuss Global Financial Supremacy and Generational Views on Wealth at 2011 Aspen Ideas Festival

NEW YORK--()--U.S. Trust today announced that it will again serve as the exclusive financial services underwriter of the prestigious Aspen Ideas Festival, a weeklong series of programs, tutorials, seminars and discussion events focused on ideas, issues and intellectual inquiry. The seventh annual Aspen Ideas Festival, presented by the Aspen Institute and The Atlantic, will be held in Aspen, Colorado, from June 27 to July 3, 2011.

“The Aspen Ideas Festival is one of the nation’s premier forums for the discussion of the central issues facing the country, and it brings together some of the most influential leaders from business, government, academia and the nonprofit sector to share their views,” said U.S. Trust President Keith Banks. “We are proud to continue our partnership with The Atlantic and the Aspen Institute and once again support the festival, and we look forward to a lively exchange of opinions and observations.”

U.S. Trust’s underwriting will concentrate on supporting discussions about today’s most significant financial and economic issues. Three senior U.S. Trust executives will participate in programs during the conference:

  • Panel: The global financial crisis has tested the U.S.' supremacy. Can it still compete? U.S. Trust Chief Investment Officer Chris Hyzy will join U.S. Undersecretary of State for Economic, Business and Agricultural Affairs Robert Hormats, Pulitzer Prize-winning author and investment manager Liaquat Ahamed and panel moderator Gillian Tett, U.S. managing editor of the Financial Times, to discuss what the next 20 years will look like for the U.S. and how it can succeed in a rapidly changing global economy. (June 28, 5 p.m. MT)
  • Looking Ahead: New Expectations of Wealth and Worth. U.S. Trust President Keith Banks along with Bill Mayer, senior partner of Park Avenue Equity Partners, will discuss how a distinct generational mindset of retiring baby boomers can impact how their wealth is transferred to future generations. (June 29, 7:45 a.m. MT)
  • Panel: U.S. Trust Evening Exchange – What is seeing the forest for the trees worth? Moderated by U.S. Trust Chief Investment Officer Chris Hyzy, this panel will consider how economic, energy and environmental goals can be balanced. Dennis Moon, head of specialty asset management at U.S. Trust, will also serve as a panelist. (June 29, 7:30 p.m. MT)

Additional information about U.S. Trust insight at Aspen Ideas Festival can be found at www.ustrust.com/aspen.

U.S. Trust

U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization in the United States providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients can also benefit from access to resources available through Bank of America and its affiliates - including capital markets products, large and complex financing solutions, and its extensive retail banking platform. Clients are served by highly experienced advisors who provide a range of specialized family office services, including investments, single-stock management, integrated planning, philanthropic management, succession planning, specialty asset management, financial administration, compliance and family stewardship.

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 provides unmatched convenience in the United States, serving approximately 58 million consumer and small business relationships with approximately 5,800 retail banking offices and approximately 18,000 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Aspen Ideas Festival

Entering its seventh year, the Aspen Ideas Festival will gather some of the most interesting thinkers and leaders from around the U.S. and abroad to discuss their work, the issues that inspire them, and their ideas. Presented by the Aspen Institute and The Atlantic, the festival is unique in its dedication to dialogue and exchange, and in its commitment to bringing ideas to the public at large. For more information, visit www.aifestival.org.

Contacts

Reporters May Contact:
Lauren Sambrotto, Bank of America, 1.646.743 0812
l.sambrotto@bankofamerica.com

Contacts

Reporters May Contact:
Lauren Sambrotto, Bank of America, 1.646.743 0812
l.sambrotto@bankofamerica.com