Bank of America Corporation

Bank of America Corporation, through its subsidiaries, provides a wide range of financial products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its business is organized into four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers savings accounts, checking accounts, credit and debit cards, residential mortgages, home equity loans, and direct and indirect loans. GWIM provides investment management, brokerage, banking, trust, and retirement products. Global Banking offers commercial loans, leases, trade finance, treasury solutions, and underwriting and advisory services. Global Markets provides market-making, financing, securities clearing, settlement, custody, and risk management products using derivatives, foreign exchange, fixed-income, and mortgage-related products.

Bank of America Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol BAC. Its shares are traded in United States Dollars (USD). As a US-based company, its financial reporting and stock trading are conducted in USD, making it accessible primarily to investors in US markets and those with USD-denominated accounts.

Bank of America operates in the Financial Services sector, specifically within the Banks - Diversified industry. This classification indicates that the company is a large, diversified banking institution offering a broad array of financial services, including retail banking, wealth management, corporate and investment banking, and capital markets activities. As a diversified bank, it serves a wide range of customers from individuals to large corporations and governments, with multiple revenue streams across different segments.

Bank of America is headquartered in Charlotte, North Carolina, United States. Founded in 1784, it has a long history and serves customers globally. Its operations span individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The company's global reach is supported by its four business segments, which provide services across the United States and internationally, though its primary market is the United States.

Bank of America generates revenue through its four business segments. Consumer Banking earns from deposit accounts, credit and debit cards, residential mortgages, home equity loans, and other consumer loans. Global Wealth & Investment Management generates fees from investment management, brokerage services, trust and retirement products, and wealth management solutions. Global Banking earns from commercial loans, leases, trade finance, treasury solutions, and underwriting and advisory fees. Global Markets generates revenue through market-making, financing, securities clearing and settlement, custody services, and trading in securities and derivative products, including interest rate, equity, credit, currency, and commodity derivatives. This diversified model allows the bank to earn from net interest income, fee-based services, and trading activities.