what type of company is bank of america
Bank of America Bank of America Corporation (abbreviated as BofA[4]) is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina, United States. It is ranked 2nd on the list of largest banks in the United States by assets.[5] As of 2016, Bank of America 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.[6]
Brian Moynihan Brian Thomas Moynihan (born October 9, 1959) is an American lawyer, businessman and the chairman and CEO of Bank of America. He joined the board of directors, following his promotion to president and CEO.[3][4][5]
Brian Moynihan Brian Thomas Moynihan (born October 19, 1959) is an American lawyer, businessman and the chairman and CEO of Bank of America. He joined the board of directors, following his promotion to president and CEO in 2010.[3][4][5]
Bank of America As of December 31, 2016, the company held 10.73% of all bank deposits in the United States.[8] It is one of the Big Four banks in the United States, along with Citigroup, JPMorgan Chase and Wells Fargo—its main competitors.[9][10] Bank of America operates—but does not necessarily maintain retail branches[11]—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 centers and 15,900 automated teller machines (ATMs).[3]