#1
January 17th, 2018, 09:58 AM
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FSR Bank of America
What do you mean by FSR in Bank of America reference , if you know then will you plz let me know also as my uncle asking me about the same here ??
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#2
January 17th, 2018, 09:58 AM
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Re: FSR Bank of America
Bank of America Corporation is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina. Financial Services Roundtable (FSR) is an American financial services lobbying and advocacy organization, located in Washington, D.C.. FSR was formerly called the Bankers Roundtable, but was renamed in 2000 to reflect the widening membership of the organization beyond bank holding companies. FSR "represents 100 of the largest integrated financial services companies which provide banking, insurance and investment products and services to American consumers." Bank profile: Type Public company Traded as NYSE: BAC S&P 100 Component S&P 500 Component ISIN US0605051046 Industry Banking, Financial services Predecessor Bank America NationsBank Founded October 17, 1904; 113 years ago (as Bank of Italy) February 1930; 87 years ago (as Bank of America) October 2000; 17 years ago (current) Founder Amadeo Giannini Headquarters Charlotte, North Carolina, U.S. Number of locations 4,600 retail financial centers & approximately 15,900 automated teller machines[3] 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$89.701 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) Owner Berkshire Hathaway (7.09%) Number of employees 208,000 (2016) Divisions Bank of America Home Loans, Bank of America Merrill Lynch Subsidiaries Merrill Lynch Merrill Edge U.S. Trust Capital ratio 10.8% (2016) Rating Long Term Senior Moody's: Baa1 (10/2016) S&P: BBB+ (10/2016) Fitch: A (10/2016) |
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