Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and risk management products and services.
Description: Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. Founded in 1904 as the Bank of Italy by Amadeo Giannini, it later merged with Bank of America in 1928. The bank provides a wide array of financial services including retail banking, commercial banking, wealth management, and investment banking. It is one of the Big Four banking institutions in the United States, along with JPMorgan Chase, Citigroup, and Wells Fargo. Bank of America operates approximately 4,300 retail financial centers and about 17,000 ATMs, serving approximately 66 million consumer and small business clients. It also has a significant global presence with offices in over 35 countries. The company is a component of the Dow Jones Industrial Average and the S&P 500 index.
Established / Launched: 1904
Founder / Issuer: Amadeo Giannini
Headquarters: Charlotte, North Carolina, United States