Bank of America is bank holding company, which provides banking and nonbanking financial services and products throughout the United States and in some international markets.
It works in five segments:, Consumer Real Estate Services, Consumer & Business Banking ,Global Banking, Global Wealth & Investment Management and Global Markets .
The Consumer & Business Banking provides variety of credit, banking and investment products and services to consumers and businesses like traditional savings accounts, CDs, IRAs, money market savings accounts, checking accounts and investment accounts. The Consumer Real Estate Services segment provides real estate products and services to customers nationwide. The Global Banking segment treasury solutions to clients and advisory services. The Global Markets segment offers sales and trading services. The Global Wealth & Investment Management provides wealth management solutions to rich clients. Its services include estate and financial planning, investment and brokerage services, fiduciary portfolio management, and specialty asset management. The company came into existence by Amadeo Peter Giannini in 1904 with its headquarters in Charlotte, NC. The CEO of the company is Brian Moynihan and company employees 224000 employees.