#1
April 8th, 2017, 03:14 PM
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GDP Bank of America
Hi buddy here I am looking for info related to Gross domestic product (GDP) as per Bank of America, so will you plz tell me about the same ???
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#2
April 8th, 2017, 03:47 PM
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Re: GDP Bank of America
Bank of America is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina. As you asking I am telling Bank of America has lowered its GDP number by 30 bps to 7.6 per cent for the next fiscal (2017-18). Morgan Stanley has also lowered the growth projection for 2017-18 to 7.7 per cent, from 7.8 per cent, pegging it at 7.9 per cent for 2018-19. 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)[1][2] 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[3] Area served Worldwide Key people Brian Moynihan (Chairman and CEO)[3][3] Products Consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards, Revenue US$83.701 billion (2016)[3] Net income US$17.906 billion (2016)[3] AUM US$886.148 billion (2016)[3] Total assets US$2.187 trillion (2016)[3] Total equity US$266.84 billion (2016)[3] Number of employees 208,000 (2016)[3] Divisions Bank of America Home Loans, Bank of America Merrill Lynch Subsidiaries Merrill Lynch U.S. Trust Capital ratio 10.8% (2016)[3] Rating Long Term Senior Moody's: Baa1 (10/2016) S&P: BBB+ (10/2016) Fitch: A (10/2016) |
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