lingo of the States Corporation (NYSE: BAC) is an the Statesn multinational banking and pecuniary services can headquartered in Charlotte, North Carolina. It is the second-largest bank safekeeping conjunction in the unify States by assets.[6] Bank of the States serves clients through 5,600 branches and 16,200 ATMs in more than 150 countries and has a kind with 99% of the U.S. circumstances 500 companies and 83% of the Fortune planetary 500. The company is a member of the Federal Deposit 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, Bank of America is the fifth-largest company in the United States by total revenue,[10] as well as the third-largest non-oil company in the U.S. (after Walmart and 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 passel and a major player in the investment banking market.
[12] The company held 12.2% of all bank deposits in the United States as of terrible 2009,[13] and is one of the Big Four banks in the United States, along with Citigroup, JPMorgan Chase and Wells Fargoits main competitors.[14][15] Bank of America operates in all 50 states of the U.S., the District of capital of South Carolina and more than 40 other countries. It has a retail banking footstep that covers or so 80 percent of the U.S. population and serves approximately 57 billion consumer and small business relationships at 5,600 banking cent ers and 16,200 ATMs.If you want to necessit! ate a full essay, order it on our website: OrderCustomPaper.com
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