About Business
The Bank of America is an investment bank and financial services company in the United States, which is the second largest bank worldwide. It is headquartered in Charlotte, North Carolina, U.S., and was founded in 1988 through the merger of NationsBank and Bank of America. The company is the United States? second-largest banking institution and ranks as the world?s second-largest bank by market capitalization, following JPMorgan Chase in both categories. In 2018, the Bank of America company was recognized as the 3rd largest investment bank in the world, within the ?Bulge Bracket.? The company offers 10% of American bank deposits. In short, it?s a competitor of JPMorgan Chase. The Bank of America majorly provides financial services like commercial banking, investment banking, and wealth management.?









