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The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan.
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List of largest banks in the United States. The following table lists the 100 largest bank holding companies in the United States ranked by total assets of December 31, 2023 per the Federal Financial Institutions Examination Council; their market capitalization is also shown.
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In the United States, banking had begun by the 1780s, along with the country's founding. It has developed into a highly influential and complex system of banking and financial services. Anchored by New York City and Wall Street, it is centered on various financial services, such as private banking, asset management, and deposit security .
As you would expect, Bank of America offers many modern-day banking conveniences like a phone app, online banking, and mobile deposits.
BofA Securities, Inc., previously Bank of America Merrill Lynch (BAML), is an American multinational investment banking division under the auspices of Bank of America. It is not to be confused with Merrill , the stock brokerage and trading platform subsidiary of Bank of America.
How to Avoid Bank of America’s Maintenance Fees for Your Checking Account. Depending on the type of Bank of America account you choose, here’s how you can avoid the recurring fees:
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