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Bank of America is one of the largest American banks headquartered in Charlotte, North Carolina, USA. Its portfolio of banking products and services include banking, finance and insurance, wealth management, credit cards, insurance, loans, investments etc and has the customer base of over 50 million clients. Bank of America operates over 5150 banking centers and has the network of over 16,250 ATMs throughout the nation. It also acts as the parent company for Merrill Lynch and U.S. Trust Corporation. The bank has the strength of over 245,450 employees. Bank of America is listed on NYSE and is the component of S and P 500.

Bank of America can traces its Origin back to 1904, when its predecessor came into existence as Bank of Italy by Amadeo Giannini. It was focused on the immigrants in the USA in its initial period who were not enrolled by the other American banks. In the 1920's, Bank of Italy were expanded upto 1010 branches. It was 1928, when Bank of Italy were merged with Bank of America followed by its renaming as Bank of America in 1930. The decade of 1950 marked the bank's consolidation in California. Many acquisitions of financial firm contributed in the growth of the Bank of America such as Seafirst Corporation, Security Pacific Corporation, NationsBank, FleetBoston Financial, Countrywide Financial, Merrill Lynch etc.