Bank of America Merrill Lynch Invites Sibos Attendees to Take One Step Closer to an AIDS-Free Generation


BOSTON – Bank of America Merrill Lynch has announced, for the third consecutive year, that in lieu of offering gifts to clients attending the annual Sibos* conference, the company will make a charitable donation on behalf of the delegates. This year, (RED),which is focused on generating money and awareness to help end mother-to-child transmission of HIV, will receive the donation.

During this year’s Sibos conference (September 29 – October 2), Bank of America Merrill Lynch will make a donation to (RED) each initial time a delegate leaves their business card at the firm’s booth (D21). Specifically, the Sibos donation will go to the Global Fund to fight AIDS, Tuberculosis and Malaria.

“We are trying to focus the collective impact of our customers, clients and employees to help make lives better,” said Paul Donofrio, head of Global Corporate Credit and Transaction Banking, Bank of America Merrill Lynch. “By connecting people with organizations like (RED), we know that together, we can make a difference. I encourage all Sibos delegates to visit our booth, drop off their business card and, importantly, help get us one step closer to delivering an AIDS-free generation.”

Deborah Dugan, chief executive officer, (RED), said, “We’re thrilled to see the fight against AIDS being supported at Sibos. Life-saving HIV/AIDS medication costs as little as 40 cents a day, so the money raised by delegate participation can help save countless lives.”

The money (RED) generates for the Global Fund to fight AIDS is used to help finance HIV/AIDS programs in eight African countries – Ghana, Kenya, Lesotho, Rwanda, South Africa, Swaziland, Tanzania and Zambia. The programs provide treatment, testing and prevention, and care services, with a focus on ending mother-to-child transmission of HIV. Of the more than US$250 million generated by (RED) since 2006, 100 percent has gone directly to the Global Fund, impacting the lives of more than 40 million people. (RED) and its partners, including Bank of America, are united in the push to end mother-to-child transmission of HIV. Through its partnership with (RED), the firm has committed US$10 million to the Global Fund over two years.   

* Sibos (the Swift International Banking Operations Seminar) is organized annually by SWIFT (the Society for Worldwide Interbank Financial Telecommunication). Each year, the event attracts over 7,000 participants from around the world, all with the common goal of shaping the financial future. From payments to securities and cash management to trade, Sibos offers a unique “forum for action” for finance leaders, multinational corporations and technology partners.

Donate now to help (RED)’s fight against AIDS at #ONESTEP4RED

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