Hello Fiends,Today i am going to tell you something related to Bank of America Corporation.
Do you know What is Bank of America Corporation ?
Do you know where is Bank of America Corporation's Headquarter?
If you know then no problem but if you dont know then read this article related to Bank of America.
i have find this information by net searching.
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Bank of America is the largest bank of USA and also primary bank for America. Full name of Bank of America is Bank of America Corporation.
This is Public bank. Many Peoplels of USA use this bank as primary bank.
So obviously the industry type is Banking, Financial services, Investment services. All these trhee sectors are very large.
there is thousends of dollars daily transaction in all these three sectors.
Bank of America is world wide service providers.
It provide service in many countries of the world.
Bank of America serves clients in more than 150 countries and has a relationship with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500.
Headquarters is located at Charlotte, NC, United States Of America.
The company is a member of the FDIC and a component of both the S&P 500 Index and the Dow Jones Industrial Average.
There are 2 main branchese of Bank of America 1. Bank of Italy (Founded In 1904) and 2. NationsBank (Founded In 1874).
At Present Chairman of the Board is Walter E. Massey and President and CEO is Brian Moynihan(Effective January 1, 2010).
Bank of America Corporation is a financial services company, the largest bank holding company in the USA.
In 2001, Bank of America CEO and chairman Hugh McColl stepped down and named Ken Lewis as his successor.
Do you know Bank of America Serves for how many products?
Bank of America serve for Finance and insurance, Consumer Banking, Corporate Banking, Investment Banking, Investment Management, Global Wealth Management, Private Equity, Mortgage and Credit Cards Product.
Bank of America was dealt huge losses in 1986 and 1987 by the placement of a series of bad loans in the Third World, particularly in Latin America.
There are 4 major division of Bank of America.
1. Consumer
2. Corporate
3. Investment management
4. International operations
Official Website for Bank of America is : www.bankofamerica.com
Bank of America Corporation's President and CEO Brian Moynihan's Photo
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