Bank of America Corporation is one of the world’s largest banking and financial services groups, serving individuals, small businesses, corporations, governments, institutions, and investors across global markets. The company provides a broad range of services including consumer banking, credit cards, mortgages, commercial banking, investment banking, wealth management, payments, treasury services, trading, and capital markets solutions.
Bank of America’s strength comes from the scale of its U.S. consumer franchise, its Merrill wealth management platform, and its broad corporate and institutional banking capabilities. Its business spans Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets, giving it exposure to household finances, business lending, corporate dealmaking, global trade, investment management, and capital markets activity. This makes Bank of America one of the most important diversified financial institutions in the United States and a major player in global banking.