2023 2024 EduVark > Education Discussion > Banks Related


  #2  
March 29th, 2017, 12:17 PM
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Join Date: Mar 2012
Re: Bank of America Exchange Fee

Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina.

Bank of America will charge you a $7.5 fee for the transaction for Exchange money

Foreign Currency Exchange

Great Britain 1 GBP = $1.3082 USD
European Union 1 EUR = $1.1336 USD
Mexico 1 MXN = $0.0553 USD
Canada 1 CAD = $0.7913 USD

Bank profile :
Type Public company
Traded as NYSE: BAC
S&P 100 Component
S&P 500 Component
Industry Banking, Financial services
Predecessor Bank America
NationsBank
Founded October 17, 1904; 112 years ago (as Bank of Italy)
February 1930; 87 years ago (as Bank of America)
October 1998; 18 years ago (current)
Founder Amadeo Giannini
Headquarters Charlotte, North Carolina
Number of locations 4,600 retail financial centers & approximately 15,900 automated teller machines
Area served Worldwide
Key people Brian Moynihan
(Chairman and CEO)
Products Consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards,
Revenue US$83.701 billion (2016)
Net income US$17.906 billion (2016)
AUM US$886.148 billion (2016)
Total assets US$2.187 trillion (2016)
Total equity US$266.84 billion (2016)
Number of employees 208,000 (2016)
Divisions Bank of America Home Loans, Bank of America Merrill Lynch
Subsidiaries Merrill Lynch
U.S. Trust
Capital ratio 10.2% (2015)
Rating Long Term Senior
Moody's: Baa1 (10/2016)
S&P: BBB+ (10/2016)
Fitch: A (10/2016)


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