Bank of America Corporation is a bank and financial holding company, involved in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets and All Others. The Consumer Banking segment provides credit, banking and investment products and services to consumers and small businesses. The Global Wealth and Investment Management segment provides solutions to meet client needs through a complete set of investment management, brokerage, banking and retirement products. The Global Banking segment deals in credit-related products and services, integrated working capital management and treasury solutions for clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services as well as research for institutional clients in the fixed-income, credit, currency, commodity and equity businesses. The All Other segment includes asset and liability management activities, equity investments, non-core mortgage loan and servicing activities, net of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual Cost allocation and others. The company was founded by Amedeo Peter Giannini in 1904 and is headquartered in Charlotte, NC.
