TOP 100 COMPANIES

IMAGE: BANK OF AMERICA

Founded in 1904

CEO: Brian Moynihan

bankofamerica htps:/ com. www htps company bank-of-america:/ linkedin. /

Bank of America is one of the world’ s largest financial institutions, providing a full range of banking, investing, asset management and other financial and risk management products and services to a full gamut of clients – from individuals to small-and-middlemarket businesses and large corporations.

The company services approximately 56m consumers and small businesses in the US, from where it maintains a headquarters in Charlotte, North Carolina. It is one of the world’ s foremost wealth management companies and is a global leader in corporate investment banking and trading, employing roughly 215,000 people.

Bank of America is the sum of many different parts, with some pieces of the business dating back

nearly two-and-a-half centuries. That means, technically, the modern-day institution is older than the country it’ s named after. In 1784 – two years before the American Declaration of Independence was signed – the Bank of Massachusetts became one of the first chartered banks in the US; it would later become FleetBoston, which merged with BoA in 2004.

The bank has been led since 2010 by Chairman and CEO Brian Moynihan, who was CEO of Merrill Lynch when it was acquired by the bank in 2008. He holds a number of honorary positions and board directorships, both within the world of finance and elsewhere. He is chair of Bank of America’ s Global Diversity and Inclusion Council, and is a member of the advisory council for the Smithsonian’ s National Museum of African American History and Culture.

Banking United States

64 2023