Profile Of Foreign Bank Which Operats In Indonesia


BANK OF AMERICA, N.A


Bank of America Corporation is a multinational banking and financial services corporation headquartered America in Charlotte, North Carolina. It is the second largest bank holding company in the United States by assets. In 2010, Bank of America is the fifth largest company in the United States by total revenue, and the third-largest non-oil company in the U.S. (after Walmart and General Electric). In 2010, Forbes put Bank of America as the third largest company in the world.
Bank's 2008 acquisition of Merrill Lynch made ​​Bank of America the world's largest wealth management companies and a major player in the investment banking market.
Company held 12.2% of all bank deposits in the United States in August 2009, and is one of the Big Four banks in the United States, along with Citigroup, JPMorgan Chase and Wells Fargo-its main competitors. Bank of America operates in all 50 U.S. states, the District of Columbia and more than 40 other countries. It has a retail banking footprint that covers about 80 percent of the U.S. population and serves approximately 57 million consumer and small business relationships in 5,600 banking centers and 16,200 automated teller machines (ATMs).

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