As far as the terms and schedules of depositing money and things related to monetary transactions are concerned, Bankofamerica is proud of being the largest among all the financial concerns that exist in the United States of America. As far as the market capitalization is concerned , this particular bank ranks first among all the large American companies. However, it is to be noted that this bank is not a part of the Industrial Average of the Dow Jones. It is before the particular year of 1998 that his bank was popular in a different name. During the period before the year 1998, this particular bank was regarded as Nations Bank. It is only in the year of 1998that this particular bank acquired its present name.
A man called Hugh McColl was the chairman and CEO of the Bankofamerica before the year of 2001. He was succeeded by the man known as Ken Lewis.
It is from the National City Corp. that the Bankofamerica bought Louisville, which is a Kentucky-set up National Processing Company. It took 1.4 billion dollar to purchase this company. The company was bought in the year of 2004. A considerable number of services including online financial services anf facilities are provided by the Bankofamerica. Browse through the various links given on the page to collect more information on Bankofamerica
|