- CEO
- Brian Thomas Moynihan
- Full Time Employees
- 213,000
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- Bank of America Corporate Center Charlotte NC United States of America 28255
- IPO Date
- Sep 11, 2019
- Business
- Bank of America Corporation (NYSE: BAC), headquartered in Charlotte, North Carolina, operates as one of the world's largest financial holding companies, providing a comprehensive range of banking, investment, and financial services to consumers, small businesses, mid-sized companies, and institutional clients globally. Founded in 1904 as the Bank of Italy in San Francisco, the company offers core products and services including consumer banking with checking and savings accounts, mortgages, auto loans, credit and debit cards; wealth management through Merrill Lynch Wealth Management, Merrill Edge self-directed investing, and Merrill Guided Investing portfolios; global banking with commercial loans, leases, commitment facilities, trade finance, and real estate lending; global markets encompassing sales, trading, and research in equities, fixed income, currencies, and commodities; and investment banking advisory services such as mergers and acquisitions, equity and debt underwriting, with operations spanning the United States, Europe, Asia-Pacific, and Latin America. In recent developments, Bank of America plans to open 150 new financial centers by 2027 to enhance physical presence alongside digital platforms; expands cryptocurrency access for wealth management clients starting in early 2026; and enters a multi-year global sports partnership with Sir David Beckham announced in November 2025, while awarding a $1 million grant to After School Matters in December 2025 to support youth programs in Chicago.