The Bank of America Corporation (often abbreviated as BofA or BoA) is an American global investment bank and financial services holding company with headquarters in Charlotte, North Carolina. Bank of America was founded in San Francisco in 1998 as a result of NationsBank’s acquisition of BankAmerica. It is the Uni’s second-largest banking institution.
Since the 2008 financial crisis, the bank’s substantial market share, commercial activity, and economic impact have resulted in several lawsuits and investigations involving both mortgages and financial disclosures. Since the early twentieth century, its corporate policies of supporting the middle class and wider banking community have resulted in a significant market share. As of August 2018, Bank of America was the largest bank in the United States.
Bank of America Company Profile
- Company Full Name: Bank of America
- Company Type: Public
- Founder Name: Amadeo Giannini (BankAmerica)
- Headquarters: Charlotte, North Carolina, U.S. (Corporate)
New York, NY Investment banking
- Key People: Brian Moynihan, (chairman and ECO), Anne Finucane (Co-vice chairman)
- Parent Company: NA
- Subsidiaries Of Bank Of America: NA
- Working Industry: Financial services
Giannini pioneered branch banking in California quickly after legislation was passed in 1909 allowing for it, opening the bank’s first branch outside of San Francisco in San Jose in 1909. The bank operated 453 banking offices in California by 1929, with total assets of about US $1.4 billion. In San Jose’s History Park, there’s a reproduction of the 1909 Bank of Italy branch bank, as well as a replica of the 1909 Bank of Italy branch bank.
From a name standpoint, Bank of America’s history stretches back to October 17, 1904, when Amadeo Pietro Giannini established the Bank of Italy in San Francisco. Bank of America, Los Angeles was founded in 1922, with Giannini as a minority shareholder. In 1928, the two banks combined and consolidated with other bank interests to form the country’s largest banking institution.
Following the enactment of the Bank Holding Company Act of 1956, BankAmerica Corporation was formed to own and operate Bank of America and its subsidiaries 1983, Bank of America expanded outside of California with the acquisition of Seafirst Corporation of Seattle, Washington, and its wholly-owned banking subsidiary, which was organized in part by Stephen McLin.
|Bank of America Customer Care Number||NA|
|Bank of America Customer Support Email||NA|
|Bank of America Office Address||100 N. Tryon St. Charlotte, NC 28255 United States|
|Bank of America Office Contact Number||1-(866) 607-1234|
Bank of America Corporate Office Contact Details
Bank of America Corporate Office is located at 100 N. Tryon St. Charlotte, NC 28255 United States. There are phone numbers of the branch and fax numbers available here. You can check out them below.
- Bank of America Corporate Office Address: 100 N. Tryon St. Charlotte, NC 28255 United States
- Bank of America corporate Office Phone Number: 1-(866) 607-1234
- Bank of America Corporate Office Fax Number: 1-980-386-6699
- Bank of America Corporate Office Email ID: email@example.com