Bank of America Corporation (BAC-PL) NYSE

1,211.00

+1.0091(+0.08%)

Updated at July 03 12:54PM

Currency In USD

Bank of America Corporation

Address

Bank of America Corporate Center

Charlotte, NC 28255

United States of America

Phone

704 386 5681

Sector

Financial Services

Industry

Banks - Diversified

Employees

213000

First IPO Date

January 31, 2008

Key Executives

NameTitlePayYear Born
Mr. Brian Thomas MoynihanChairman, Chief Executive Officer & President2.08M1959
Mr. Alastair M. BorthwickChief Financial Officer5.4M1969
Mr. Dean C. AthanasiaPresident of Regional Banking6.15M1967
Mr. Matthew M. KoderPresident of Global Corporate & Investment Banking6.78M1972
Mr. James P. DeMarePresident of Global Markets8.55M1970
Ms. Lauren A. Mogensen J.D.Global General Counsel01963
Mr. Johnbull E. OkparaChief Accounting Officer01972
Mr. Aditya BhasinChief Technology & Information Officer01974
Mr. E. Lee McEntireHead of Investor Relations & Local Markets Organization0N/A
Mr. Thomas M. ScrivenerChief Operations Executive01972

Description

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.