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Re: Bank Of America Global Recognition
Bank of America Corporation is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina, United States. Bank of America Merrill was especially strong in the Payments & Collections category, winning three regional or country awards in addition to the global recognition. The full list of BofA Merrill awards is: Global Bank of the Year for Payments & Collections Best Bank for Payments & Collections, China Best Bank for Payments & Collections, North America Best Bank for Payments & Collections, South America Best Bank for Cash & Liquidity Management, China Best Bank for Cash & Liquidity Management, North America Bank of America profile : Type Public Traded as NYSE: BAC S&P 100 component S&P 500 component ISIN US0605051046 Industry Banking, Financial services Predecessor Bank America NationsBank Founded October 17, 1904; 113 years ago (as Bank of Italy) February 1930; 88 years ago (as Bank of America) October 2000; 17 years ago (current) Founder Amadeo Giannini Headquarters Charlotte, North Carolina, U.S. Number of locations 4,600 retail financial centers & approximately 15,900 automated teller machines Area served Worldwide Key people Brian Moynihan (Chairman and CEO) Products Consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards, Revenue US$89.701 billion (2016) Net income US$17.906 billion (2016) AUM US$886.148 billion (2016) Total assets US$2.187 trillion (2016) Total equity US$266.84 billion (2016) Number of employees 208,000 (2016) Divisions Bank of America Home Loans, Bank of America Merrill Lynch Subsidiaries Merrill Lynch Merrill Edge U.S. Trust Capital ratio 10.8% (2016) Rating Long Term Senior Moody's: Baa1 (10/2016) S&P: BBB+ (10/2016) Fitch: A (10/2016) |
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