Bank of America Corporation (NEO: BOFA)
Canada flag Canada · Delayed Price · Currency is CAD
24.43
+0.24 (0.99%)
Nov 22, 2024, 1:11 PM EST

Bank of America Company Description

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.

It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.

The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services.

The Global Banking segment offers 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, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services.

The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products.

Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.

Bank of America Corporation
Country United States
Founded 1784
Industry Banks - Diversified
Sector Financials
Employees 213,000
CEO Brian Moynihan

Contact Details

Address:
Bank of America Corporate Center
Charlotte, Delaware 28255
United States
Phone 704 386 5681
Website bankofamerica.com

Stock Details

Ticker Symbol BOFA
Exchange Cboe Canada
Fiscal Year January - December
Reporting Currency USD
ISIN Number CA06048X1087
SIC Code 6020

Key Executives

Name Position
Brian Thomas Moynihan Chairman, Chief Executive Officer and President
Alastair M. Borthwick Chief Financial Officer
Matthew M. Koder President of Global Corporate and Investment Banking
Dean C. Athanasia President of Regional Banking
James P. DeMare President of Global Markets
Thomas M. Scrivener Chief Operations Executive
Christopher M. Hyzy Chief Investment Officer
Rudolf A. Bless Chief Accounting Officer
Aditya Bhasin Chief Technology and Information Officer
Darrin Steve Boland Chief Administrative Officer