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BK OF AMERICA CP, (BAC) Stock Research Free Stock Rating
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Bank of America Corporation operates as a bank holding company that provides a diversified range of banking and nonbanking financial services and products in the United States and in selected international markets. The company operates in four segments: Global Consumer and Small Business Banking, Global Business and Financial Services, Global Capital Markets and Investment Banking, and Global Wealth and Investment Management. The Global Consumer and Small Business Banking segment provides a diversified range of products and services to individuals and small businesses through multiple delivery channels. It offers deposit products, including savings accounts, money market savings accounts, certificate of deposits and IRAs, regular and interest checking accounts, and various business checking options. The Global Business and Financial Services segment primarily provides treasury services, middle market banking, commercial real estate banking, leasing, business capital, and dealer financial services to middle-market companies. The Global Capital Markets and Investment Banking segment provides capital-raising solutions, advisory services, derivatives capabilities, equity and debt sales, and trading for the companys clients, as well as traditional bank deposit and loan products, treasury management, and payment services to large corporations and institutional clients. The Global Wealth and Investment Management segment offers investment, fiduciary, and banking and credit solutions; asset management services to institutional clients, high-net-worth individuals, and retail customers; investment securities and financial planning services to affluent and high-net-worth individuals; and retail clearing services for broker/dealers. As of March 15, 2005, the company operated approximately 5,800 retail banking offices and 16,700 ATMs in the United States. Bank of America is headquartered in Charlotte, North Carolina.
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