Global Banking Directory
Press Release Distribution Service
Add Bank | Banking Forum | Scam emails!
Advertise Your Business Here
BanksDaily Twitter BanksDaily FaceBook BanksDaily LinkedIn

Bank of America

Bank of America logoBank of America (BofA) is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries.

The bank's 2008 acquisition of Merrill Lynch made Bank of America the world's largest wealth manager and a major player in the investment banking industry.

Total assets: $2,325 billion (December 31, 2018).
Net profit: $1.4 billion (2011), $3.9 billion (2012), $10.5 billion (2013), $5.5 billion (2014), $15.8 billion (2015), $17.9 billion (2016), $28.14 billion (2018).
Member FDIC (each depositor insured to at least USD 250,000).
These ads are not affiliated with Bank of America
Headquarter Charlotte, USA
Key People Brian T. Moynihan (Chairman and CEO), Paul M. Donofrio (CFO)
Company Type Public (NYSE: BAC, TYO: 8648)
Head Office 100 North Tryon Street
Charlotte, NC 28255-0001
Phone +1-704-386-5000
Official Site www.bankofamerica.com Website
SWIFT Code BOFAUS3N
Founded 1904
ID: 130. Updated: 08.12.2019

Disclaimer | The information contained in this website is not meant to substitute qualified legal advice given by a specialist knowing your particular situation. We do not warrant or guarantee that the site will be up-to-date accurate, complete or continuous at all times. The bank directory is published solely as a courtesy. We assume no responsibility or liability for any errors or omissions in the directory.

Press Releases
15.10.2017 | Bank of America reports third quarter 2017 net income of $5,122 million, compared to $4,452 million in third quarter 2016. Total assets amounted to $2.27 trillion at September 30, 2017.
18.04.2017 | Bank of America reports first quarter 2017 net income of US$ 1,894 million, compared to US$ 1,764 million in first quarter 2016. Total assets amounted to US$ 2.25 trillion at March 31, 2017.
19.07.2016 | Bank of America reports second quarter 2016 net income of US$ 4.2 billion, compared to US$ 5.1 billion in second quarter 2015. Total assets amounted to US$ 2.19 trillion at June 30, 2016.
19.01.2016 | Bank of America reports fourth quarter 2015 net income of $3.3 billion, compared to $3.1 billion in fourth quarter 2014. Full-year 2015 net income was $15.9 billion, compared with $4.8 billion for the prior year.
18.01.2013 | Bank of America reports fourth quarter 2012 net income of $0.7 billion, compared to $2.0 billion in fourth quarter 2011. Full-year 2012 net income was $4.2 billion, compared with $1.4 billion for the prior year.
Financial and Banking News
 Banks may need political help to survive Big Tech

First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial regulator calls the "real game changer." 09.12.2019 | Source: Bloomberg

 Trump blasts Bitcoin, Libra, demands they face banking regulations

U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank." 11.07.2019 | Source: Reuters

 25th World Islamic Banking Conference announces 4th series of WIBC Leaderboard

Top performing Islamic Financial Institutions from Bahrain, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Oman, Pakistan, Turkey, UAE and Saudi Arabia are vying for the WIBC Awards recognizing the Best Performing Banks at the Global and Regional level. 28.10.2018 | Source: MEGA

 Financial technologies are need of the hour for Banks in India

The Indian FinTech space is expected to reach $2.4 billion by 2020 and 2018 will be a critical year in that journey because 52 % of India's digitally active consumers are adopting FinTech and are the driving force for new technology adoptions. 02.03.2018 | Source: Explore Exhibitions and Conference

 International Banking Exhibition and Conference will be held in Baku

"Digital Banking and Security" titled International Banking Exhibition & Conference will be held in Baku on 17-18 of April, 2018 by FA International Trade Events. 07.02.2018 | Source: FA International Trade Events

 📰 News Archive

2019 © Global Bank Directory | Rus