Bank of America Corporation

Industry:	Banking
Ranking:	Russell 3000, Global 500, Fortune 100
Revenues:	$119.2 Billion
Employees:	210,000

Description

Bank of America Corporation is a bank holding company. Through its banking subsidiaries (the Banks) and various non-banking subsidiaries throughout the United States and in selected international markets, Bank of America provides a diversified range of banking and non-banking financial services and products through three business segments: Global Consumer and Small Business Banking, Global Corporate and Investment Banking, and Global Wealth and Investment Management. The Company operates in 32 states, the District of Columbia and 30 foreign countries. In the United States, it serves 59 million consumer and small business relationships with 6,100 retail banking offices, 18,500 automated teller machines (ATMs) and 24 million active online users. It offers services in 13 states. In October 2007, it acquired ABN AMRO North America Holding Company. In July 2007, it acquired U.S. Trust Corporation. In July 2008, Bank of America acquired Countrywide Financial Corp.

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News Archive

Bank of America Pays $33 Million to Settle Merrill Bonus Charges The Washington Post; 8/4/2009 Bank of America agreed to pay $33 million on Monday...verge of collapse. The SEC alleged that Bank of America told investors that the bonuses would...paid without its consent. In fact, Bank of America had secretly authorized $5.8 billion... ...more

Bank of America and National Park Foundation Convene 200+ Student Leaders for Service Learning Project to Preserve Rock Creek Park U.S. Newswire; 7/23/2009 ...EDITORS Contact: Nicole Nastacie, Bank of America, +1-704-995-5953, nicole...national call to service, 230 Bank of America Student Leaders(R) from 45...Washington, D.C.) WHY: Bank of America Student Leaders are in D.C... ...more

Bank of America Merrill Lynch Launches Algorithm Suite for Brazilian Equities. PR Newswire; 10/28/2009 ...Oct. 28 /PRNewswire/ -- Bank of America Merrill Lynch today announced...new offering includes several of Bank of America Merrill Lynch's most popular...head of Latin America Equities at Bank of America Merrill Lynch. "We are also... ...more