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    Bank of America Corporation (BAC)

    -NYSE
    14.02 Down 0.11(0.78%) 3:21PM EDT - Nasdaq Real Time Price
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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:213,000

    Business Summary 

    Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through five segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets, and Legacy Assets & Servicing. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans. This segment provides its products and services through approximately 4,700 financial centers, 16,000 ATMs, call centers, and online and mobile platforms. The Global Wealth & Investment Management segment offers investment management, brokerage, banking, and retirement products, as well as wealth management and customized solutions. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, real estate lending, and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. The Legacy Assets & Servicing segment engages in mortgage servicing activities related to residential first mortgage and home equity loans; and managing legacy exposures related to mortgage origination, sales, and servicing. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

    Key Statistics


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    Corporate Governance 
    Bank of America Corporation’s ISS Governance QuickScore as of May 1, 2016 is 4. The pillar scores are Audit: 10; Board: 7; Shareholder Rights: 6; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Brian T. Moynihan , 56
    Chairman, Chief Exec. Officer and Pres
    1.93M0.00
    Mr. Paul M. Donofrio , 56
    Chief Financial Officer
    4.63M0.00
    Mr. Thomas K. Montag , 59
    Chief Operating Officer
    6.82M0.00
    Mr. Terrence P. Laughlin , 61
    Vice Chairman and Head of Global Wealth & Investment Management
    4.36M0.00
    Mr. Geoffrey S. Greener , 51
    Chief Risk Officer
    4.26M0.00
    Amounts are as of Dec 31, 2015 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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