Bank of America

Bank of America

American multinational banking and financial services corporation

The Bank of America Corporation is an American multinational bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was formed by the merger of NationsBank and Bank of America in 1998. It is the second-largest banking institution in the United States and the second-largest bank in the world by market capitalization, both after JPMorgan Chase.

Also known as...Bank of America Corporation, BoA, BofA, and BANK OF AMERICA CORPORATION
Wall Street Banks Smash Profit Records

Wall Street Banks Smash Profit Records JPMorgan Chase posted a record $21.2 billion profit as Wall Street banks rode a surge in trading and dealmaking during the Iran conflict.