Bank of America: Difference between revisions
WikiSysopIG (talk | contribs) Created page with "The '''Bank of America Corporation''' (commonly known as '''Bank of America''' or '''BofA''') is an American multinational banking and financial services company headquartered in Charlotte, North Carolina. It is one of the world's largest financial institutions by total assets and serves individuals, businesses, institutional investors, and governments in more than 35 countries. The company's origins date to 1904 with the founding of the '''Bank of Italy''' by Amadeo P..." |
WikiSysopIG (talk | contribs) m Text replacement - "New York" to "New York" |
||
| Line 1: | Line 1: | ||
The '''Bank of America Corporation''' (commonly known as '''Bank of America''' or '''BofA''') is an American multinational banking and financial services company headquartered in Charlotte, North Carolina. It is one of the world's largest financial institutions by total assets and serves individuals, businesses, institutional investors, and governments in more than 35 countries. The company's origins date to 1904 with the founding of the '''Bank of Italy''' by [[Amadeo Pietro Giannini]] in San Francisco, which was established to provide banking services to immigrants and small businesses. The institution adopted the name '''Bank of America''' in 1930 and assumed its modern corporate structure following the 1998 merger between BankAmerica Corporation and NationsBank Corporation. Bank of America is publicly traded on the [[New York Stock Exchange]] under the ticker symbol '''BAC''' and is a constituent of the [[Dow Jones Industrial Average]] and the [[S&P 500]]. | The '''Bank of America Corporation''' (commonly known as '''Bank of America''' or '''BofA''') is an American multinational banking and financial services company headquartered in Charlotte, North Carolina. It is one of the world's largest financial institutions by total assets and serves individuals, businesses, institutional investors, and governments in more than 35 countries. The company's origins date to 1904 with the founding of the '''Bank of Italy''' by [[Amadeo Pietro Giannini]] in San Francisco, which was established to provide banking services to immigrants and small businesses. The institution adopted the name '''Bank of America''' in 1930 and assumed its modern corporate structure following the 1998 merger between BankAmerica Corporation and NationsBank Corporation. Bank of America is publicly traded on the [[[[wikipedia:New York|New York]] Stock Exchange]] under the ticker symbol '''BAC''' and is a constituent of the [[Dow Jones Industrial Average]] and the [[S&P 500]]. | ||
Bank of America operates through several principal business segments, including consumer banking, global wealth and investment management, global banking, and global markets. The company provides a comprehensive range of financial products and services, including retail and commercial banking, mortgages, credit cards, treasury services, investment banking, securities trading, asset management, private banking, and corporate finance. Its wealth management businesses include '''Merrill''', which offers brokerage and investment advisory services, and '''Bank of America Private Bank''', which serves high-net-worth individuals, families, foundations, and institutional clients. Through '''BofA Securities''', the corporation provides investment banking, capital markets, research, and trading services to corporate and institutional customers worldwide. | Bank of America operates through several principal business segments, including consumer banking, global wealth and investment management, global banking, and global markets. The company provides a comprehensive range of financial products and services, including retail and commercial banking, mortgages, credit cards, treasury services, investment banking, securities trading, asset management, private banking, and corporate finance. Its wealth management businesses include '''Merrill''', which offers brokerage and investment advisory services, and '''Bank of America Private Bank''', which serves high-net-worth individuals, families, foundations, and institutional clients. Through '''BofA Securities''', the corporation provides investment banking, capital markets, research, and trading services to corporate and institutional customers worldwide. | ||