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BAC Stock Report - Bank of America Corp.

Bank of America Corp. logo Bank of America Corporation is a leading global financial services company that operates through various subsidiaries. The company provides a wide range of banking and financial products and services to individuals, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Bank of America's Consumer Banking segment offers a range of traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products. The segment also provides credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.

The Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services, as well as wealth management solutions, including specialty asset management services. The segment also offers customized solutions to meet the unique needs of high net worth individuals and institutions.

Bank of America's Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending. The segment also offers treasury solutions, such as treasury management, foreign exchange, and short-term investing options, merchant services, working capital management solutions, and debt and equity underwriting and distribution, as well as merger-related and other advisory services.

The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. The segment also provides research and analytical services to clients.

Bank of America was founded in 1784 and is based in Charlotte, North Carolina. With a focus on delivering innovative financial solutions that help its customers succeed, the company has established itself as a leader in the global financial services industry. Through its ongoing investments in technology and talent, Bank of America continues to drive growth and success for its customers and shareholders alike.


Stock Sector: Banking: Mid-Atlantic Banks


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