BAC - Bank of America
From its humble beginnings in 1904, where Amadeo Giannini launched the forerunner of Bank of America - Bank of Italy - Bank OF America (NYSE: BAC)
has become one of the largest banks in the world, and currently is the largest U.S. bank as measured by assets. The giant financial institution is now headquartered in Charlotte, North Carolina.
Along with its retail banking operations, which include the usual products like savings and checking accounts, certificates of deposits, individual retirement accounts, among many others, it also has a strong mortgage unit which helps consumers with the acquisition of homes, refinancing and home equity loans.
On the commercial side Bank of America offers commercial products like a variety of loans and leasing arrangements for business and real estate companies.
Their advisory services include mergers and acquisitions, risk management, underwriting debt and equity, and much more.
Some of the major acquisitions of the company over the last six years has included FleetBoston Financial, US Trust, LaSalle Bank, MBNA, Countrywide Financial and Merrill Lynch.
Company Name:
Country:
Bank of America
Stock Symbol / Ticker:
BAC
Country:
United States