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Bank of America Corp.
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At a Glance

Uppers

“Culture and colleagues”

“Work/life balance”

“Diversity and inclusion”

Downers

“Workload—the hours can be long”

“Can be high intensity”

“Politics/bureaucracy/red tape”

The Buzz

“Has significantly improved in investment banking”

“Strong bulge bracket”

“Massive organization”

About Bank of America Corp.

Bank of America’s roots go back more than 100 years. In 1904, Amadeo Pietro Giannini founded the Bank of Italy, which was located in San Francisco. Almost 20 years later, Giannini founded Bank of America, Los Angeles. In 1928, the two banks merged to create Bank of America. The company quickly expanded within California, and with the passing of the Bank Holding Act of 1956, Bank of America was able to expand its operations outside of California. Today, the Charlotte, N.C.-headquartered company is the largest banking institution in the U.S.

BofA offers an array of financial products such as personal banking accounts, credit cards, loans, auto loans, mortgages, business accounts, and student accounts. The firm offers full-time and part-time roles, internships, and contract work. Many positions are remote. BofA offers careers in numerous areas, including consumer banking, investment banking, wealth management, technology, and more.

Along with being one of the world’s largest financial institutions, BofA is also one of the most socially conscious. Its Ally program for LGBTQ+ colleagues allows volunteers to take part in open dialogue, and it has active programs designed for many other underserved groups, including women, minorities, and veterans. Meanwhile, BofA’s Environmental Business Initiative has invested more than $200 billion in low-carbon and environmentally sustainable business practices across the globe. The company has committed to an additional $1 trillion in investments through 2030. Bank of America also encourages its associates to be more environmentally conscious through its My Environment program, which includes incentives such as reimbursements and volunteer hours.

Bank of America Corp.

200 Vesey Street
New York, NY 10285
Phone: (212) 640-2000

Firm Stats

Employer Type: Public
Stock Symbol: BAC
Stock Exchange: NYSE
Chairman & CEO: Stephen J. Squeri
2021 Employees (All Locations): 208,131

Major Departments & Practices

Consumer Financing
Corporate & Investment Banking
Cybersecurity
Data Science & Analytics
Design & User Experience
Digital, Finance / Management Control
Human Resources
Information Technology
Internal Audit
Legal & Compliance
Marketing & Communications
Operations & Business Support
Product Management
Risk & Governance
Strategy
Students & Recent Graduates
Wealth Management & Insurance