Financial institution of America Corp. is a banking and monetary holding firm that gives banks and non-bank monetary companies. It operates by Client Banking, World Wealth and Funding Administration, World Banking, World Markets and all different segments. The Client Banking phase offers credit score, banking and funding services to customers and small companies. World Wealth and Funding Administration offers a consumer expertise by a community of economic advisors centered on assembly wants by a full set of funding administration, brokerage corporations, banks and retirement merchandise. The World Banking phase offers with lending-related services, built-in working capital administration and monetary options to purchasers, and underwriting and advisory companies. The World Markets phase contains institutional gross sales and buying and selling companies and analysis throughout fastened earnings, credit score, foreign money, commodities and fairness companies. All different segments are internet for asset and legal responsibility administration actions, fairness investments, non-core mortgage and servicing actions, and common revisions to the mortgage servicing rights (MSR) valuation mannequin for each core and non-core MSRs. Consists of impacts and extra. Clearing enterprise, allocation of residual bills, and so on. The corporate was based in 1904 by Amadeo Peter Giannini and is headquartered in Charlotte, North Carolina.
BAC Inventory Worth | Financial institution of America Corp. Inventory Worth (USA: NYSE)
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