The company has been involved in a number of mergers and acquisitions since 1998, making it the largest consumer and small business bank in the United States, as well as the worldwide leader in issuing credit, debit, and prepaid cards. For more information on the bank's merger's and acquisitions, see the list below.
Bank of America's primary mission is to develop communities by achieving high standards for those who comprise the communities: customers, associates, and shareholders.
The following is a list of services that the Bank of America offers its clients:
Personal:
- Online Banking
- Checking
- Savings and CDs
- Credit Cards
- Mortgages
- Home Equity
- Investments & Wealth Management
- Insurance
- Checking
- Credit Cards
- Lending
- Savings
- CDs
- Check Cards
- Merchant Card Processing
- Online Banking
- Online Business Suites
- Payments
- Invoicing
- Easy Online Payroll
- Tax Services
- Health Insurance
- Asset
- Based Finance
- Asset Management
- Card Solutions
- Dealer Services
- Debt and Liquid Products
- Equities
- Foreign Exchange
- Futures
- Government Services
- Insurance Services
- Investment Solutions
- Leasing
- Merchant Services
- Merger & Acquisition Advisory
- NYSE Specialist Firms
- Principal Investing
- Real Estate
- Research
- Trade Services
- Treasury Management Services
Key Statistics
- The Bank of America holds assets of $1,292 billion.
- The company made profits of $16.5 billion in 2006.
- The Bank of America operates in Asia, Europe, Latin America, U.S. and Canada.
- The Bank of America has 176,638 employees.
- The organization includes a Chairman and CEO, a CFO, a Global Risk Executive, Directors, and other Executives.
International Ranking
Key Statistics- Bank of America holds assets of $1,292 billion.
- The company has made profits of $16.5 billion in 2006.
- Bank of America operates in Asia, Europe, Latin America, U.S. and Canada.
- Bank of America has 176,638 employees.
The organization includes:
- Chairman and CEO
- CFO
- Global Risk Executive
- Directors
- Executives
International Ranking
- According to Forbes Magazine, Bank of America ranks 3rd in the world.
- The Fortune Global 500 ranks the Bank of America at number 37 on its list.
Recent merger and Acquisition
- In May 2006, the Bank of America and Banco Itau entered into an acquisition agreement.
- In May of 2006, Bank of America entered an acquisition agreement with Banco Itau.
- Bank of America merged with credit card giant MBNA in 2005.
- In 2004, Bank of America acquired FleetBoston Financial and purchased the National Processing Company from the National City Corporation.
Bank of America Headquarters
100 N. Tryon St.,Charlotte, NC 28255
Phone: 1-800-900-9000
