Bank of America Corporation Overview
Bank of America Corporation, through its subsidiaries, delivers a wide range of financial products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Founded in 1784, the company is headquartered in Charlotte, North Carolina.
Business Segments
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Consumer Banking
Offers traditional and money market savings accounts, certificates of deposit, IRAs, checking accounts, and investment products. Also provides credit/debit cards, residential mortgages, home equity loans, and consumer loans (automotive, recreational vehicle, and personal loans).
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Global Wealth & Investment Management (GWIM)
Delivers investment management, brokerage, banking, trust, and retirement services. Includes wealth management solutions and specialty asset management services.
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Global Banking
Provides commercial loans, leases, trade finance, and commercial real estate lending. Offers treasury solutions, working capital management, debt/equity underwriting, merger advisory services, and fixed-income/equity research.
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Global Markets
Delivers market-making, financing, securities clearing, and custody services. Includes securities/derivative products, risk management solutions, foreign exchange, and fixed-income/mortgage-related products.