Bank
of America (abbreviated
as BofA) is an American multinational banking
and financial services corporation headquartered in Charlotte,
North Carolina. It is the second largest bank holding company in the
United States by assets. As of 2013, Bank of America is the twenty-first
largest company in the United States by total revenue. In 2010, Forbes listed
Bank of America as the third biggest company in the world.
Bank of America
provides its products and services through operating 5,100 banking centers,
16,300 ATMs, call centers, and online and mobile banking platforms. Its
Consumer Real Estate Services segment offers consumer real estate products
comprising fixed and adjustable-rate first-lien mortgage loans for home
purchase and refinancing needs, home equity lines of credit, and home equity
loans.
he bank's 2008
acquisition of Merrill Lynch made Bank of America the world's
largest wealth management corporation and a major player in
the investment banking market. According to the Scorpio
Partnership Global 2014 it had assets under management (AuM) of USD
1,866.6 Bn an increase of 12.5% on 2013.
The company
held 12.2% of all bank deposits in the United States in August 2009,[10] and
is one of the Big Four banks in the United States, along
with Citigroup, JPMorgan Chase and Wells Fargo—its main
competitors.[11][12] Bank of America operates—but doesn't
necessarily maintain retail branches[13]—in all 50 states of the United
States, the District of Columbia and more than 40 other countries. It
has a retail banking footprint that serves approximately 50 million consumer
and small business relationships at 5,151 banking centers and
16,259 automated teller machines (ATMs).
Bank of America
has been the subject of several lawsuits and investigations regarding both
mortgages and financial disclosures dating back to the financial crisis,
including a record settlement of $16.65 billion on August 21, 2014.
BANK OF AMERICA
IS HIRING FRESHERS AND EXPERIENCED FOR MULTIPLE POSITIONS
No of Posts:
160
Qualification:
BE, B.Tech, ME, M.Tech, MBA, MCA, Any Graduate.
Last Date: 8th
Mar 2016
Location:
Gurgoan, Hyderabad, Bangalore, Chennai, Pune.
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