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Bank Of America Corporation : A Bank Company

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Group #8 Project 2 Introduction: Bank of America Corporation. Operates as a bank company that provides banking and nonbanking monetary services and merchandise through its banking and numerous nonbanking subsidiaries throughout the US and insure international markets. It operates through 5 segments: client & Business Banking, client land Services, world Banking, world Markets and world Wealth & Investment Management. The buyer & Business banking section offers a wide-ranging vary of credit, banking and investment merchandise and services to shoppers and businesses. Its merchandise embody ancient savings accounts, market savings accounts, CDs, IRAs, noninterest- and fixed costs checking accounts and investment accounts. The client the buyer the patron land Services section provides an in depth line of consumer land merchandise and services to customers nationwide. Its merchandise embody fixed- and adjustable-rate first-lien mortgage loans for home purchase and refinancing wants, HELOC and residential equity loans. The worldwide Banking section provides a variety of lending-related merchandise and services, integrated capital management and treasury solutions to purchasers, and underwriting and consultative services. The worldwide Markets section offers sales and commerce services, which has analysis to institutional purchasers across mounted financial gain, credit, currency, goods and equity businesses. The worldwide Wealth & Investment Management section

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