Bank of America Corporation (BAC) is one of the largest financial institutions in the United States. It is a diversified financial services company, providing banking, investing, asset management, and other financial and risk management products and services. BAC is a global leader in the banking industry,
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.