Bank of America is one of the largest banking and financial services corporations in the United States.
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It was formed through NationsBank’s acquisition of BankAmerica in 1998. Bank of America is headquartered in Charlotte, North Carolina.
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Bank of America is Founded bye Amadeo Giannini named Bank of Italy in San Francisco. and became Bank of America in 1930.
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The acquisition of Merrill Lynch made Bank of America the world's largest wealth-management corporation.
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With all of the disruptive payment technologies Bank of America has emerged as a leader in digital banking technology and the adoption of that technology.
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In 2016, Bank of America was named No. 1 in online banking and mobile banking functionality, and the bank also launched more than 8,500 cardless-enabled ATMs.
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As of March 31, 2017, Bank of America has $635.6 billion in consumer banking deposits, giving it the No. 1 U.S. retail deposit market share.