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Bank of America Corporation (BAC)

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16.72 Up 0.12(0.72%) Oct 24, 4:00PM EDT
|After Hours : 16.72 0.00 (0.00%) Oct 24, 7:58PM EDT
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Bank of America Corporation
Bank of America Corporate Center
100 North Tryon Street
Charlotte, NC 28255
United States - Map
Phone: 704-386-5681
Website: http://www.bankofamerica.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Money Center Banks
Full Time Employees:229,538

Business Summary 

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The company’s Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,100 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms. Its Consumer Real Estate Services segment offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. The company’s Global Wealth & Investment Management segment provides investment and brokerage, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services; and retirement and benefit plan, philanthropic management, and asset management services. Its Global Banking segment provides various commercial loans, leases, commitment facilities, trade finance, real estate and asset-based loans, and consumer loans; treasury management, foreign exchange, and short-term investing options; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company’s Global Markets segment offers sales and trading services for securities and derivative products in primary and secondary markets; market-making, financing, securities clearing, settlement, and custody services to institutional investor clients; and risk management products. The company was founded in 1874 and is based in Charlotte, North Carolina.

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Corporate Governance 
Bank of America Corporation’s ISS Governance QuickScore as of Oct 1, 2014 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 4; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Brian T. Moynihan , 54
Chairman, Chief Exec. Officer and Member of Exec. Committee
1.95M0.00
Mr. Bruce R. Thompson , 49
Chief Financial Officer
5.36M0.00
Mr. Thomas K. Montag , 57
Chief Operating Officer
6.81M0.00
Mr. Gary G. Lynch , 63
Head of Compliance & Regulatory Relations and Global Gen. Counsel
5.50M0.00
Mr. David C. Darnell , 61
Vice Chairman
4.64M0.00
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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