"Bank of America helps build strong communities by creating opportunities for people - including customers, shareholders and associates - to fulfill their dreams." Kenneth D. Lewis, chairman, CEO and president.
Bank of America is the largest commercial bank in the United States in terms of deposits and second largest by market capitalisation. The bank also offers talking ATMs which help customers who are visually impaired. The Bank of America sales is at $119.9 billion and profits are at 14.98 billion in 2007.
History
Before 1998, Bank of America organization was known as NationsBank. In 1998, NationsBank acquired San Francisco-based BankAmerica and renamed the corporation "Bank of America".
Image: Pedestrians walk past a Bank of America branch bank in midtown Manhattan in New York City. | Photograph: Chris Hondros/Getty Images
Also read: The world's largest economies
Advertisement
