Bank of America

With $2.35 trillion in assets, Bank of America is the second-largest financial organization in the United States. It handles around 10.73 percent of all bank deposits in the United States and specializes in commercial banking, wealth management, and investment banking.

Bank of America, which was founded in 1784 and is headquartered in Charlotte, North Carolina, currently serves clients all over the world through over 5,000 financial retail locations. With approximately 208,000 employees, Bank of America is one of the largest corporations in the United States. It bought Merrill Lynch in 2008, making it the world's largest wealth manager.

Merrill Lynch was bought by BAC in 2008, making it the world's largest wealth manager. It is a component of the S&P 500 Index and the Dow Jones Industrial Average and is traded on the New York Stock Exchange (NYSE).According to recent data, Bank of America's total asset balance is around $2.35 trillion. BofA, which is also one of the largest wholesale lenders in the United States, originated over 184,000 loans worth $78 billion in 2020.

Headquarters: Charlotte, NC
Assets: $2.32 trillion
Domestic Branches: 4,238

Website: https://www.bankofamerica.com/