About Bank of America (BAC)

Bank of America Corp, also known as BAC, is a major American multinational investment bank and financial services company. It is headquartered in Charlotte, North Carolina and is one of the largest banks in the United States by assets. BAC provides a wide range of banking and financial services to individual consumers, small businesses, and large corporations. The company operates through several segments, including Consumer Banking, Global Wealth and Investment Management, Global Banking, and Global Markets. BAC's primary business activities include lending, deposit-taking, investment banking, wealth management, and asset management.

Bank of America Corp has a rich history dating back to 1904 when it was originally founded as the Bank of Italy in San Francisco by Amadeo Pietro Giannini. Over the years, the bank has grown through various acquisitions, including the merger with NationsBank in 1998, which resulted in the formation of Bank of America as it is known today. BAC has a strong presence not only in the United States but also globally, with operations in over 35 countries and territories. The bank serves more than 66 million consumer and small business clients worldwide.