lingo of the States Corporation (NYSE: BAC) is an the Statesn international bank buildinging and pecuniary services union headquartered in Charlotte, North Carolina. It is the second-largest bank safekeeping confederacy in the unify States by assets.[6] assert of the States serves clients through 5,600 branches and 16,200 ATMs in much than 150 countries and has a kind with 99% of the U.S. result 500 companies and 83% of the good deal planetary 500. The club is a member of the Federal depositary indemnification Corporation (FDIC) and a component of both the S&P 500 king and the Dow Jones Industrial Average.[7][8][9] As of 2010, vernacular of the States is the fifth-largest company in the United States by come up revenue,[10] as well as the third-largest non-oil company in the U.S. (after Walmart and full general Electric). In 2010, Forbes listed Bank of America as the 3rd biggest company in the world.[11] The banks 2008 acquisition of Merrill kill made Bank of America the worlds largest riches management mess and a major thespian in the investment banking market.
[12] The company held 12.2% of all bank deposits in the United States as of rarefied 2009,[13] and is one of the Big quad banks in the United States, on with Citigroup, JPMorgan Chase and Wells Fargoits important competitors.[14][15] Bank of America operates in all 50 states of the U.S., the territorial dominion of capital of South Carolina and more than 40 other countries. It has a retail banking footstep that covers close to 80 percent of the U.S. world and serves approximately 57 one thousand thousand consumer and small business relationships at 5,600 banking centers and 16,200 ATMs.If you want to necessitate a full essay, order it on our website: Ordercustompaper.com
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