The Bank of America

lingo of the States Corporation (NYSE: BAC) is an the Statesn multinational banking and pecuniary services great deal headquartered in Charlotte, North Carolina. It is the second-largest bank safekeeping party in the unify States by assets.[6] Bank of the States serves clients through 5,600 branches and 16,200 ATMs in more than 150 countries and has a kind with 99% of the U.S. peril 500 companies and 83% of the Fortune planetary 500. The company is a member of the Federal Deposit indemnification Corporation (FDIC) and a component of both the S&P 500 advocator and the Dow Jones Industrial Average.[7][8][9] As of 2010, Bank of America is the fifth-largest company in the United States by total revenue,[10] as well as the third-largest non-oil company in the U.S. (after Walmart and General Electric). In 2010, Forbes listed Bank of America as the 3rd biggest company in the world.[11] The banks 2008 acquisition of Merrill lynch made Bank of America the worlds largest riches management weed and a major player in the investment banking market.

[12] The company held 12.2% of all bank deposits in the United States as of frightful 2009,[13] and is one of the Big Four banks in the United States, along with Citigroup, JPMorgan Chase and Wells Fargoits main competitors.[14][15] Bank of America operates in all 50 states of the U.S., the District of capital of South Carolina and more than 40 other countries. It has a retail banking footstep that covers more or less 80 percent of the U.S. population and serves approximately 57 trillion consumer and small business relationships at 5,600 bankin g centers and 16,200 ATMs.If you want to ne! cessitate a full essay, order it on our website: OrderCustomPaper.com

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