Home » Business » Financing

Bank of America The Worlds Largest Financial Institutions

Feb 27, 2008
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, online banking, investing, asset management and other financial and risk-management products and services. They are a joint of the Global ATM Alliance, a attachment venture of several major international banks that allows customers of the banks to use their ATM card or check card at another bank within the Global ATM Alliance with no fees when traveling internationally.

This bank now processes more transactions online than it does through all of its physical banking centers. However, when a bank tells its customers that its online banking system is safe and secure, most people would be shocked to find out otherwise. Bank of America the leader in online banking rolled out its Mobile Banking service to consumers nationwide in May. The service enables more than 20 million online banking customers to bank directly from their cell phone or smart phone with built-in security features.

The company offers securities underwriting and other investment banking services to corporations. Bank of America has recently spent $675 million building its US investment banking business and is looking to become one of the top five investment banks worldwide. They operates more than 5,700 branch locations from which the company offers investment, banking, and loan services to consumers and businesses. Bank of America, itself a product of several big deals to create a retail bank that stretched from coast to coast, has long desired to be an investment banking power.

Customers looking for the nearest Bank of America ATM or banking center through the new service are served with Microsoft Map Point technology. Customers can seamlessly use Map Point from their phone to find the most convenient bank location around town. Consider One of the world's leading financial services companies, Bank of America is committed to making banking work for customers like it never has before.

Bank of America is a coast-to-coast dominant bank with a powerful and complete consumer franchise. This financial institution is in business is to help make communities stronger and to help people achieve their dreams. They are committed to taking a leadership role in helping to make economic development and environmental protection compatible. They are a leading global provider of integrated working capital management and treasury solutions to business and corporate clients of all sizes, financial institutions and governments worldwide.
About the Author
Willie DeJarnette does a lot of research on banking online. He can e reached for more information at his website: http://www.banking07.info
Rating:
Please Rate:
(Average: Not rated)
Views: 342
Print Email Report Share
Article Categories