★ Organization
Bank Of America
Business · Financial Services
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- Topics
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- Sectors
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Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina, with additional investment banking operations in Manhattan. It is the second-largest banking institution in the United States and one of the Big Four American banks, serving roughly 10 percent of all American bank deposits in competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary services encompass commercial banking, wealth management, and investment banking, with roots tracing back to 1784 and its modern form emerging from the 1998 merger of NationsBank and Bank of America.
Sectors
Actions
Includes actions Bank Of America appears on directly, plus actions flagged against the sectors it belongs to.
Trump orders Labor Department to allow alternative assets in 401(k)s
Financial Services sector — Easing ERISA fiduciary guidance on alternative assets in 401(k) plans opens trillions in defined-contribution capital to private equity, hedge fund, real estate, and infrastructure managers across the alternative-asset industry.
Bank Of America donates $500K to Trump-Vance inaugural
Donated $500,000 to the Trump-Vance Inaugural Committee.