State Bank Corp.
About
flag this descriptionBank of America Corporation (NYSE: BAC) is a financial services company, the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization. Bank of America serves clients in more than 150 countries and has a relationship with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. The company is a member of the Federal Deposit Insurance Corporation (FDIC) and a component of both the S&P 500 Index and the Dow Jones Industrial Average
The bank's 2008 acquisition of Merrill Lynch made Bank of America the world's largest wealth manager and a major player in the investment banking industry.
The company holds 12.2% of all U.S. deposits, as of August 2009, and is one of the Big Four Banks of the United States, along with Citigroup, JP Morgan Chase and Wells Fargo — its main competitors.
Bank of America's history dates to 1904, when Amadeo Giannini founded the Bank of Italy in San Francisco, for the purpose of catering to immigrants other banks would not serve. Amadeo was raised by the Fava/Stanghellini family when his father was shot while trying to collect on a $10.00 debt.
Full description of Bank of America at Freebase
You don't really need to come in our banks
Going into e-commerce is the right direction but the investment in the bank is totally irrelevant
I don't think the timing is good because it's (fiscal) year-end and liquidity is tight
The valuations seem to be aggressive and not very attractive for investors to make money
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