Bank of America Corp. at a Glance


  • “Team-oriented culture and smart, motivated people”
  • “Juniors are given a lot of responsibility/involved in client meetings”
  • “Excellent deal flow”


  • “Red tape—big company can sometimes be hard to navigate”
  • “Intensity of work and unpredictability of work schedule”
  • “Still transitioning from Merrill merger”

The Buzz

  • “Prestigious; bulge bracket”
  • “Reputation not as strong since 2008”
  • “Supertanker slowly regaining momentum”
  • “Balance sheet bank, second-tier talent”

About Bank of America Corp.

Headquartered in Charlotte, N.C., Bank of America is one of the world's largest financial institutions, with customers in more than 150 countries and business relationships with 98 percent of the U.S. Fortune 1,000 and 83 percent of the Global Fortune 500. The company serves some 48 million consumer and small business relationships, and has approximately 4,800 retail branches and 16,000 ATMs. Bank of America's roots go back to the late 18th century, and the modern version of the bank dates to 1991 when North Carolina National Bank merged with Citizens & Southern National Bank to form NationsBank, which acquired BankAmerica in 1998 to become Bank of America. 

In 2004, Bank of America acquired FleetBoston Financial for $47 billion, and in 2006, it paid $35 billion for MBNA's credit card business. In 2007, the bank acquired U.S. Trust as well as the ABN AMRO North American Holding Company, the parent of U.S.-based LaSalle Bank Corporation. In 2008, Bank of America purchased the U.S. diversified financial services holding group Countrywide Financial Corporation and, at the end of the year announced that it would buy New York-based investment bank Merrill Lynch, calling the purchase "a great opportunity for our shareholders," as the deal expected to achieve $7 billion in pretax expense savings by 2012. When the deal closed, it made the bank the biggest U.S. bank in terms of assets, with more than $2 trillion; the largest brokerage firm in the world; one of the leading investment banking advisory firms; and one of the world's top wealth management firms. 

Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses of Bank of America Corporation. The global banking and markets division serves mid- to large-sized corporations and institutional clients worldwide. It is comprised of business banking, global commercial banking, global corporate and investment banking, global markets and wholesale credit. Aligned with these client-facing groups are global capital markets and global research. 

Today, Bank of America employs approximately 220,000 people. The bank is led by CEO Brian Moynihan, who took the company reins in late 2009.

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Bank of America Corp.

100 North Tryon Street
Charlotte, NC 28255


  • Employer Type: Public
  • Stock Symbol: BAC
  • Stock Exchange: NYSE
  • Chairman & CEO: Brian T. Moynihan
  • 2015 Employees: 220,000

Major Office Locations

  • Charlotte, NC
  • New York, NY

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