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Acronyms that contain the term bank of america corporation
What does bank of america corporation mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: bank of america corporation.
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What does bank of america corporation mean?
- Bank of America Corporation
- Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina. It is the second largest bank holding company in the United States by assets. As of 2013, Bank of America is the twenty-first largest company in the United States by total revenue. In 2010, Forbes listed Bank of America as the third biggest company in the world. The bank's 2008 acquisition of Merrill Lynch made Bank of America the world's largest wealth management corporation and a major player in the investment banking market. According to the Scorpio Partnership Global Private Banking Benchmark 2014 it had assets under management of 1,866.6 an increase of 12.5% on 2013. The company held 12.2% of all bank deposits in the United States in August 2009, and is one of the Big Four banks in the United States, along with Citigroup, JPMorgan Chase and Wells Fargo—its main competitors. Bank of America operates—but doesn't necessarily maintain retail branches—in all 50 states of the U.S., the District of Columbia and more than 40 other countries.
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"bank of america corporation." Abbreviations.com. STANDS4 LLC, 2024. Web. 7 May 2024. <https://www.abbreviations.com/bank%20of%20america%20corporation>.
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