Company Description
Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.
The company operates through 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, 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 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.
| Country | United States |
| Founded | 1784 |
| Industry | Other |
| Employees | 213,000 |
| CEO | Brian Moynihan |
Contact Details
Address: Bank of America Corporate Center, 100 North Tryon Street Charlotte, North Carolina 28255 United States | |
| Phone | (704) 386-5681 |
| Website | bankofamerica.com |
Stock Details
| Ticker Symbol | BAC.PRE |
| Exchange | NYSE |
| Stock Type | Preferred Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
Key Executives
| Name | Position |
|---|---|
| Brian Moynihan | Chief Executive Officer |
| Alastair Borthwick | Chief Financial Officer |
| Thomas Scrivener | Chief Operating Officer |
| E. McEntire | Head of Investor Relations |