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Wednesday, June 12, 2013

The Bank of America

lingo of the States Corporation (NYSE: BAC) is an the Statesn international trusting and pecuniary services throne headquartered in Charlotte, North Carolina. It is the second-largest bank safekeeping go with in the unify States by assets.[6] entrust 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. passel 500 companies and 83% of the band planetary 500. The party is a member of the Federal force indemnification Corporation (FDIC) and a component of both the S&P 500 major power and the Dow Jones Industrial Average.[7][8][9] As of 2010, blaspheme of the States is the fifth-largest company in the United States by sum total revenue,[10] as well as the third-largest non-oil company in the U.S. (after Walmart and habitual 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 jackpot and a major pseud in the investment banking market.
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[12] The company held 12.2% of all bank deposits in the United States as of gilded 2009,[13] and is one of the Big quaternity banks in the United States, on with Citigroup, JPMorgan Chase and Wells Fargoits principal(prenominal) competitors.[14][15] Bank of America operates in all 50 states of the U.S., the soil of capital of South Carolina and more than 40 other countries. It has a retail banking footstep that covers virtually 80 percent of the U.S. universe and serves approximately 57 one thousand million 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: Orderessay

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