BAC-PB - Bank of America - Stock Price & Dividends

Bank of America Corporation is a multinational banking and financial services corporation that offers a wide range of products and services to individuals, businesses, and governments worldwide. Through its subsidiaries, the company operates in four distinct segments, each catering to different customer groups and providing a diverse set of financial solutions. These segments include Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets.

The Consumer Banking segment provides financial products and services that cater to individual consumers and small businesses. This includes a variety of deposit accounts, such as savings accounts, certificates of deposit, and IRAs, as well as investment accounts and products. Additionally, the segment offers credit and debit cards, residential mortgages, and home equity loans. Consumers can also access a range of loan products, including automotive, recreational vehicle, and personal loans. This segment is designed to provide consumers with the financial tools they need to manage their daily lives and achieve their long-term financial goals.

The Global Wealth & Investment Management segment offers a range of financial products and services that cater to the needs of institutional investors and high-net-worth individuals. This includes investment management, brokerage, banking, and trust and retirement products and services. The segment also provides wealth management solutions, including customized investment advice and asset management services. These services are designed to help investors manage their wealth and achieve their financial goals, while also providing access to a range of investment products and services.

The Global Banking segment provides financial products and services that cater to the needs of large corporations and businesses. This includes lending products and services, such as commercial loans, leases, and commitment facilities, as well as treasury solutions, including treasury management, foreign exchange, and merchant services. The segment also provides working capital management solutions, including debt and equity underwriting and distribution, and merger-related and other advisory services. This segment is designed to provide businesses with the financial tools they need to succeed and grow in today's competitive market.

The Global Markets segment provides financial products and services that cater to the needs of institutional investors and traders. This includes market-making, financing, securities clearing, settlement, and custody services, as well as securities and derivative products. The segment also provides risk management products, including interest rate, equity, credit, currency, and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. This segment is designed to provide investors with access to a range of financial markets and products, while also providing the tools they need to manage risk and achieve their investment goals.

Bank of America Corporation has a long history, dating back to 1784, and is based in Charlotte, North Carolina. The company's website provides access to a range of financial products and services, including online banking and investment services. Visit https://www.bankofamerica.com to learn more about the company's products and services.