Banking Industry

Bank of America Corporation Analysis

The Bank of America-Financial and Competitive Analysis

Background of the Bank of America

The Bank of America Corporation (BAC) is a Public Company that provides multinational banking services and other specified financial services. The bank was conceptualized in 1998, with its headquarters in North Carolina; U.S.A. according to asset valuation, the company comes second in the States, and serves over 100 states. The corporation also has many relations and partners with other multinational and local companies in the U.S. The international company was ranked fifth in the United States, after total revenue assessment for big corporations in the U.S. It is also the third largest organization in the entire globe. With tough competition from Wells Fargo and Citigroup, Bank of America still Manages to hold 12% of the bank accounts in America. For BAC, the main services and products include consumer banking services,...
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