BANK AMERICA DL 0,01 (NCB)

Overview

Bank of America Corporation, a comprehensive financial institution, provides a wide range of banking and financial services across the globe. Catering to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments, it operates through four main segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. This vast institution has its roots stretching back to 1784, with its headquarters nestled in Charlotte, North Carolina, marking its long-standing presence and influence in the financial sector.

Products and Services

• Consumer Banking:

  Offers an array of services including traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts with or without interest, and investment accounts and products. Also provided are credit and debit cards, residential mortgages, home equity loans, and various loans such as automotive, recreational vehicle, and consumer personal loans.

• Global Wealth & Investment Management (GWIM):

  Delivers investment management, brokerage, banking, trust, and retirement products, along with wealth management solutions. GWIM also provides customized solutions, incorporating specialty asset management services.

• Global Banking:

  Focuses on lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending. It extends treasury solutions such as treasury management, foreign exchange, and short-term investing options, in addition to merchant services; provides working capital management solutions; and offers advisory services in debt and equity underwriting and distribution, mergers, and fixed-income and equity research.

• Global Markets:

  Engages in market-making, financing, securities clearing, settlement, and custody services. It provides securities and derivative products, alongside risk management products through interest rate, equity, credit, currency, and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products.