Bank of America
Bank of America Corporation
Symbol: BAC
100 North Tryon Street
Charlotte, NC 28255
United States
Phone: 704-386-5681
Fax: 704-386-6699
Web Site:
http://www.bankofamerica.com
BUSINESS SUMMARY         
Bank of America Corporation, a financial holding company, provides banking and
nonbanking financial services in the United States and internationally. The company's
Global Consumer and Small Business Banking segment offers savings accounts,
money market savings accounts, certificate of deposits, individual retirement accounts,
and regular and interest-checking accounts; consumer cards, business cards, debit
cards, international cards, and merchant services; mortgage products for home
purchase and refinancing needs; insurance services; and lines of credit and home
equity loans. Bank of America's Global Corporate and Investment Banking segment
provides commercial and corporate bank loans, indirect consumer loans, commitment
facilities, real estate lending products, and leasing and asset-based lending products
for banking clients, middle market commercial clients, multinational corporate clients,
public and private developers, homebuilders, and commercial real estate firms; advisory
services, financing, and related products for institutional investor clients in support of
their investing and trading activities; debt and equity underwriting, merger-related
advisory services, and risk management solutions; and treasury management, trade
finance, foreign exchange, short-term credit facilities, and short-term investing options
for correspondent banks, commercial real estate firms, and governments. The
company's Global Wealth and Investment Management segment offers investment and
brokerage services, estate management, financial planning services, fiduciary
management, credit and banking expertise, and diversified asset management products
to institutional clients and high-net-worth individuals. As of September 26, 2007, the
company operated approximately 5,700 retail banking offices and 17,000 automated
teller machines. Bank of America was founded in 1874 and is headquartered in
Charlotte, North Carolina.
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