Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company’s Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company’s Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.
17/07
16/07
Bank of America Predicts Short-Term Upside for S&P 500 but Cautions on Moderate Pullback, Positive for BAC Stock Yet Calls for Prudent Positioning
16/07
Bank of America Bullish on S&P 500 Rally Driving Financial Stocks, Warns of Short-Term Pullback Risks
15/07
Institutional Investors Boost Holdings in Bank of America Amid Strong Earnings and Steady Dividends Highlighting Long-Term Value
15/07
Institutions Boost Bank of America Holdings as Strong Earnings and High Dividends Fuel Short-Term Buying Pressure
15/07
Bank of America Sees Stripe Driving Digital Asset Interoperability, Accelerating Fintech Transformation
15/07
Bank of America Optimistic on Stripe Driving Digital Asset Interoperability, Unlocking New Growth Opportunities in Digital Payments
15/07
Bank of America Redeems $2 Billion Senior Notes Early, Demonstrating Prudent Capital Management and Financial Optimization
15/07
Bank of America Announces Early Redemption of $2 Billion Senior Notes, Boosting Financial Strength and Driving Short-Term Buying
15/07
US Regulators Unveil New Crypto Custody Framework, Boosting Bank of America’s Long-Term Investment Prospects
15/07
Regulatory Relief! Federal Reserve and Two Other Key Regulators Introduce Cryptocurrency Custody Framework, Offering Near-Term Upside for Bank of America