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Bank of America

American multinational banking and financial services corporation

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Bank of America: American multinational banking and financial services corporation
The Bank of America Corporation is an American multinational investment bank and financial services company headquartered in Charlotte, North Carolina, with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Founded in San Francisco, Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Its primary financial services revolve around commercial banking, wealth management, and investment banking.

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The future of the American mall

Almost 1,700 stores inside malls closed in 2018, according to Bank of America, and so far this year, closings have reached more than 4,000. But one company believes it has found a way to reverse the..
CBS News - Published

Bank of America hiking minimum wage to $20 an hour

It will be first major U.S. financial institution to crack $20 line, reflecting the tight labor market
CBS News - Published

Videos for Bank of America


Dow closes above 29,000 for first time [Video]Dow closes above 29,000 for first time

The Dow finished above the 29,000 mark for the first time Wednesday as investors welcomed the signing of a U.S.-China trade deal. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:18Published

 

NASCAR playoffs 2019: Schedule, lineup, TV and more for Bank of America Roval 400 at Charlotte

All the information you need to get ready for Sunday's Bank of America Roval 400, the first elimination race of the NASCAR Cup Series playoffs.
USATODAY.com - Published

Which major supermarkets offer the best prices?

Bank of America analysts reviewed six big supermarket chains for their prices on 54 items like produce, meat and dairy. Here's how it all added up.
CBS News - Published

Bank of America to cut ties with companies that help run immigrant detention centers, private prisons

Bank of America has decided to "exit the relationships" it has with companies that provide prisoner and immigrant detention services.
USATODAY.com - Published

Bank of America to stop financing operators of private prisons, detention centers

Bank of America Corp said on Wednesday it will no longer finance operators of private prisons and detention centers, joining peers in distancing itself from a sector that has triggered protests over..
Reuters - Published

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