#1
April 17th, 2017, 05:00 PM
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Bank of America Facts
Can you tell me few things about Bank of America (BofA)? Also list me the names of Leaders of Bank of America (BofA)?
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#2
April 18th, 2017, 09:38 AM
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Re: Bank of America Facts
Bank of America (BofA) is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina. It is ranked 2nd on the list of largest banks in the United States by assets. As of 2016, it was the 26th largest company in the United States by total revenue. In 2016, it was ranked #11 on the Forbes Magazine Global 2000 list of largest companies in the world. Its possession of Merrill Lynch in 2008 made it the world's largest wealth management corporation and a major player in the investment banking market. As of December 31, 2016, it had US$886.148 billion in assets under management (AUM). As of December 31, 2016, it held 10.73% of all bank deposits in the United States. It is one of the Big Four banks in the United States, along with Citigroup, JPMorgan Chase and Wells Fargo—its main competitors. It operates—but does not necessarily maintain retail branches—in all 50 states of the United States, the District of Columbia and more than 40 other countries. It has a retail banking footprint that serves approximately 46 million consumer and small business relationships at 4,600 banking centres and 15,900 automated teller machines (ATMs). It provides its products and services through 4,600 retail financial centres, approximately 15,900 automated teller machines, call centres, and online and mobile banking platforms. Its Consumer Real Estate Services section offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. Leaders of Bank of America Brian Moynihan | Chairman of the Board, Chief Executive Officer Dean Athanasia | President, Preferred and Small Business Co-head, Consumer Banking Catherine P. Bessant | Chief Operations and Technology Officer Sheri B. Bronstein | Global Human Resources Executive Paul M. Donofrio | Chief Financial Officer Anne M. Finucane | Vice Chairman Geoffrey S. Greener | Chief Risk Officer Christine P. Katziff | Corporate General Auditor Terry Laughlin | Vice Chairman, Head of Global Wealth and Investment Management David G. Leitch | Global General Counsel Thomas K. Montag | Chief Operating Officer Thong M. Nguyen | President of Retail Banking and Co-head of Consumer Banking Andrea B. Smith | Chief Administrative Officer Bruce R. Thompson | Vice Chairman |
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