Bank of America Corporation (NYSE: BAC) is a diversified financial services company headquartered in Charlotte, North Carolina. It provides banking, lending, investment, payments and financial management services to consumers, businesses, institutional investors and governments.
The company’s consumer banking operations offer checking and savings accounts, credit cards, mortgages, home equity lending, auto loans and other consumer financial products. Through Merrill, Bank of America provides wealth management, investment advisory, brokerage and retirement services. Its commercial and corporate businesses provide loans, treasury management, investment banking, securities underwriting, sales and trading, and other capital markets services through Bank of America Securities.
Bank of America primarily serves customers across the United States, with additional operations supporting international corporate, investment banking and capital markets clients. The company’s modern corporate history dates to 1998, when NationsBank acquired BankAmerica and adopted the Bank of America name. Brian Moynihan has served as the company’s chief executive officer since 2010.
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