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Industry Center - Money Center Banks
Industry Center > Money Center Banks > Bank of America Corporation Company Profile
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Bank of America Corporation Company Profile
Welcome to the machine. One of the largest banks in the US by assets (along with Citigroup and JPMorgan Chase), Bank of America boasts the country's most extensive branch network, with more than 6,100 locations covering some 30 states from coast to coast. Its core services include consumer and small business banking, credit cards, and asset management. In early 2009 Bank of America paid some $29.1 billion in stock for Merrill Lynch, which was crippled by the ongoing credit crisis. The acquisition of the once-mighty investment bank known as "The Bull," which has an extensive retail brokerage network, beefs up Bank of America's wealth management, investment banking, and international business.
Headlines for Bank of America Corporation
Wall Street firms skittish about RUSAL IPO: report
Reuters - Sat 2:45 pm ET
[external] Wall Street firms skittish about RUSAL IPO-paper
at Reuters - Sat 2:22 pm ET
[external] Walk of Shame: You Be the Judge
at Motley Fool - Sat 7:06 am ET
[$$] Some Bankers Cool on Hot Rusal IPO
at The Wall Street Journal Online - Fri 11:41 pm ET
More Headlines...
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Contact Information
Address: 100 N. Tryon St., Bank of America Corporate Center
Charlotte, NC 28255
Phone:704-386-5681
Fax:704-386-6699
Financial Highlights
Fiscal Year End:December
Revenue (2008):72782.00 M
Revenue Growth (1 yr):9.70%
Employees (2008):243,000
Employee Growth (1 yr):15.70%
Key People
Chairman: Walter E. Massey
President, CEO, and Director: Kenneth D. (Ken) Lewis
CFO: Joe L. Price
Industry Information
Sector: Financial
Industry: Money Center Banks
Top Competitors
Citigroup Inc. (c)
JPMorgan Chase & Co. (jpm)
Wells Fargo & Company (wfc)
 


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