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Encyclopedia > Bank of America
Bank of America Corporation
Type Public (NYSEBAC TYO: 8648)
Founded (as "Bank of Italy")

San Francisco, CA (1928) Image File history File links BankofAmericalogo. ... This article does not cite any references or sources. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ... San Francisco redirects here. ... Official language(s) English Capital Sacramento Largest city Los Angeles Largest metro area Greater Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ... Year 1928 (MCMXXVIII) was a leap year starting on Sunday (link will display full calendar) of the Gregorian calendar. ...


(acquiring banks)


Charlotte, NC (1874) Charlotte redirects here. ... Official language(s) English Capital Raleigh Largest city Charlotte Largest metro area Charlotte metro area Area  Ranked 28th  - Total 53,865 sq mi (139,509 km²)  - Width 150 miles (240 km)  - Length 560[1] miles (901 km)  - % water 9. ... Year 1874 (MDCCCLXXIV) was a common year starting on Thursday (link with display the full calendar) of the Gregorian calendar (or a common year starting on Saturday of the 12-day slower Julian calendar). ...

Boston, MA (1784)
Headquarters Charlotte, North Carolina, U.S.
Key people Kenneth D. Lewis, Chairman, CEO & President
Amy W. Brinkley, Global Risk Executive
J. Steele Alphin, CAO
Joe L. Price, CFO
Industry Banking
Products Financial Services
Revenue $117.01 billion USD (2006)[2]
Operating income $21.64 billion USD (2006)[3]
Net income $21.13 billion USD (2006)[3][2]
Employees 203,425 (2006)[2]
Slogan Bank of Opportunity[1]
Website www.bankofamerica.com

Bank of America (NYSEBAC TYO: 8648) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.[4][5] Boston redirects here. ... This article is about the U.S. state. ... 1784 was a leap year starting on Thursday (see link for calendar). ... Charlotte redirects here. ... Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic  - President George Walker Bush (R)  - Vice President Dick Cheney (R) Independence from... Official portrait. ... CFO is usually short for Chief Financial Officer, but may also mean: Carrier frequency offset Ceramic fiber optics Chief Fire Officer Chief of Flight Operations Conselho Federal de Odontologia (cfo. ... For other uses, see Bank (disambiguation). ... Financial services is a term used to refer to the services provided by the finance industry. ... Look up revenue in Wiktionary, the free dictionary. ... USD redirects here. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... USD redirects here. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... USD redirects here. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... This article is about work. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ... For other uses, see Bank (disambiguation). ...

Contents

Corporate history

Before 1998, the Bank of America organization that exists today was known as NationsBank and was previously known in earlier years as North Carolina National Bank before being abreviated to "NCNB" as it branched out of it's home based of Charlotte, North Carolina. In 1998, NationsBank acquired San Francisco-based BankAmerica and assumed the more well known "Bank of America" name. Image File history File links Mergefrom. ... NationsBank was a large banking corporation in the United States, based in Charlotte, North Carolina. ... NationsBank was a large banking corporation in the United States, based in Charlotte, North Carolina. ... Charlotte redirects here. ...


Pre-1998 history

Bank of Italy

The roots of the pre-1998 Bank of America lie in the American Bank of Italy, founded in San Francisco by Amadeo Giannini in 1904. When the 1906 San Francisco earthquake struck, Giannini was able to get all of the deposits out of the bank building and away from the fires. Thus, unlike many other banks, he retained the confidence of the depositors and also had money to lend to those struck by the disaster.[citation needed] The Bank of Italy was founded in San Francisco, California, USA, in 1904 by Amadeo Giannini. ... This page is a candidate for speedy deletion. ... 1928 Time cover featuring Giannini Amadeo Peter Giannini (1870-1949), born in San Jose, California, was one of the founders of the Bank of America. ... San Francisco Earthquake redirects here. ...


In the late 1920s, Giannini approached Orra E. Monnette, President and founder of Bank of America, Los Angeles, about a merger between the two entities. The Los Angeles based bank had exhibited strong growth throughout the 1920s, due in part to its success in developing an advanced branch banking system. The merger was completed in early 1929 and took the name Bank of America. The combined company was headed by Giannini with Monnette serving as co-Chair. Orra Eugene Monnette (1877-1936). ... The Bank of America, Los Angeles was established in 1923 by Orra E. Monnette, emerging from a series of mergers between banks between 1909 and 1923. ... Bank of America branch in Porter Ranch, Los Angeles, California A branch, banking centre or financial centre is a retail location where a bank or financial institution offers a wide array of face to face service to its customers. ...


While the names of many nationally chartered banks end with the initials 'N.A.' (National Association), Giannini picked a unique ending, National Trust and Savings Association, or 'NT&SA', because he wanted the name to highlight the different functions of the bank.[citation needed] Bank of America was the only NT&SA in the country.[citation needed] Thanks to good management, but also to aggressive development of the branch banking concept, the bank was soon the largest in California.[citation needed] The term national bank has several meanings: especially in developing countries, a bank owned by the state an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) In the past, the term national bank has been used synonymously with central bank, but it is... National Trust and Savings Association, abbreviated NT&SA, is a designation used by national banks in the United States to denote their national charter. ...


Growth in California

Giannini also sought to build a national bank, expanding into most of the western states as well as into the insurance industry, under the aegis of his holding company, Transamerica Corporation. Largely out of fear that Giannini would succeed in his efforts to create a nationwide bank, federal legislation prohibited banks from accepting deposits in states where they were not headquartered.[citation needed] This led to the creation of the bank holding company which could own a separate bank in each state. Transamerica Corporaion is an insurance and investment company in the United States. ... For the band, see Big Brother and the Holding Company. ...


The passage of the Bank Holding Company Act of 1956, prohibited banks from owning non-banking subsidiaries such as insurance companies. Bank of America and Transamerica were separated, with the latter company continuing in the insurance business. However, federal banking regulators prohibited Bank of America's interstate banking activity, and Bank of America's domestic banks outside California were forced into a separate company that eventually became First Interstate Bancorp, which was acquired by Wells Fargo and Company in 1996. It was not until the 1980s with a change in federal banking legislation and regulation that Bank of America was again able to expand its domestic consumer banking activity outside California. The Bank Holding Company Act of 1956 (, ) is a United States Act of Congress that regulates the actions of bank holding companies. ... Non-bank subsidiaries, are firms owned by bank holding companies which offer non-bank products and services, such as insurance and investment advice, and do not offer FDIC insured banking products, such as checking and savings accounts. ... First Interstate Bancorp was a bank based in the United States that was taken over in 1996 by Wells Fargo. ... An older Wells Fargo branch, located in Berkeley, California Wells Fargos corporate headquarters and main branch Wells Fargo & Co. ...


California was the nation's fastest growing state during the post-World War II boom, with the highest use of checking accounts,[citation needed] resulting in Bank of America being swamped by checks. By 1949, the branches had to close at 2:00 p.m. in order to process the bookkeeping by 5:00 p.m. To cope with the transaction volume, the bank invested heavily in information technology and is generally credited, together with General Electric and SRI International, with inventing modern centralized bank operations, along with a number of financial transaction processing technologies such as automatic check processing, account numbers, and Magnetic Ink Character Recognition.[citation needed] Because of the efficiency of these technologies, the bank had significantly lower administrative costs than other banks and was able to expand until it became the world's largest bank in the early 1970s.[citation needed] “GE” redirects here. ... SRI Internationals main campus on Ravenswood Avenue, Menlo Park, California SRI International is one of the worlds largest contract research institutions. ... Bold textBold textBold textBold textMagnetic Ink Character Recognition, or MICR, colloquially pronounced or sometimes , is a character recognition technology adopted mainly by the banking industry to facilitate the processing of checks. ...


These technologies also enabled credit cards to be linked directly to individual bank accounts. In 1958, the bank introduced the BankAmericard, which changed its name to VISA in 1977.[6] A consortium of other California banks came up with Master Charge (now MasterCard) in order to compete with BankAmericard. Look up credit card in Wiktionary, the free dictionary. ... VISA is a brand of credit card operated by the VISA International Service Association of USA owned by 21,000 financial institutions that issues and markets its own Visa products. ... Visa is a brand of credit card and debit card operated by the Visa International Service Association of San Francisco, California, USA, an economic joint venture of 21,000 financial institutions that issue and market Visa products. ... Official language(s) English Capital Sacramento Largest city Los Angeles Largest metro area Greater Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ... MasterCard Worldwide (NYSE: MA) is a multinational corporation based in Purchase, NY in the United States. ...


Expansion outside of California

Following the passage of the Bank Holding Company Act of 1967, BankAmerica Corporation was established for the purpose of owning Bank of America and its subsidiaries. Image File history File links Metadata Size of this preview: 450 × 600 pixelsFull resolution (1524 × 2032 pixel, file size: 524 KB, MIME type: image/jpeg) == == I took this photo. ... Image File history File links Metadata Size of this preview: 450 × 600 pixelsFull resolution (1524 × 2032 pixel, file size: 524 KB, MIME type: image/jpeg) == == I took this photo. ... The Bank of America Corporate Center is an 871 ft (265m) skyscraper in downtown Charlotte, North Carolina. ... Charlotte redirects here. ...


BankAmerica expanded outside California in 1983 with its acquisition of Seafirst Corporation of Seattle, Washington, and its wholly owned banking subsidiary, Seattle-First National Bank. Seafirst was at risk of seizure by the federal government after becoming insolvent due to a series of bad loans to the oil industry. BankAmerica continued to operate its new subsidiary as Seafirst rather than Bank of America until the 1998 merger with NationsBank. Seafirst Corporation was a bank holding company based in Seattle, Washington. ... Seattle redirects here. ... For the capital city of the United States, see Washington, D.C.. For other uses, see Washington (disambiguation). ... Pumpjack pumping an oil well near Lubbock, Texas Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ...


BankAmerica was dealt huge losses in 1986 and 1987 by the placement of a series of bad loans in the Third World, particularly in Latin America. The company fired its CEO, Sam Armacost. Though Armacost blamed the problems on his predecessor, A.W. (Tom) Clausen, Clausen was appointed to replace Armacost. The losses resulted in a huge decline of BankAmerica stock, making it vulnerable to a hostile takeover. First Interstate Bancorp of Los Angeles (which had originated from banks once owned by BankAmerica), launched such a bid in the fall of 1986, although BankAmerica rebuffed it, mostly by selling its FinanceAmerica subsidiary to Chrysler, and by selling the brokerage firm Charles Schwab and Co. back to Mr. Schwab. By the time of the 1987 stock market crash, BankAmerica's share price had fallen to $8, but by 1992 it had rebounded mightily to become one of the biggest gainers of that half-decade. The sale of its trophy corporate headquarters Bank of America Center building in San Francisco to raise capital was a symbolic blow to the bank.[citation needed] For the Jamaican reggae band, see Third World (band). ... Latin America consists of the countries of South America and some of North America (including Central America and some the islands of the Caribbean) whose inhabitants mostly speak Romance languages, although Native American languages are also spoken. ... “Chief executive” redirects here. ... Alden Winship Clausen (born February 17, 1923) is a former President of the World Bank. ... A takeover in business refers to one company (the acquirer, or bidder) purchasing another (the target). ... First Interstate Bank is a bank based in Billings, Montana in the United States. ... For other uses, including the Chrysler Brand, see Chrysler (disambiguation). ... The Charles Schwab Corporation NASDAQ: SCHW is the worlds largest discount broker. ... Charles R. Schwab (born 1937) is the founder and CEO of the Charles Schwab Corporation. ... DJIA (19 July 1987 through 19 January 1988). ... The Bank of America Center is a 52-story, 779 ft (237. ...


BankAmerica's next big acquisition came in 1992. The company acquired its California rival, Security Pacific Corporation and its subsidiary Security Pacific National Bank in California and other banks in Arizona, Idaho, Oregon and Washington (which Security Pacific had acquired in a series of acquisitions in the late 1980s). This was, at the time, the largest bank acquisition in history. Federal regulators, however, forced the sale of Security Pacific's Washington subsidiary, Rainier Bank, as the combination of Seafirst and Rainier would have given BankAmerica too large a share of the market in that state. Later that year, BankAmerica expanded into Nevada by acquiring Valley Bank of Nevada. Security Pacific National Bank (SPNB) was a large US bank headquartered in Los Angeles, California. ... Official language(s) English Spoken language(s) English 74. ... Official language(s) English [1] Capital Boise Largest city Boise Largest metro area Boise metropolitan area Area  Ranked 14th  - Total 83,642 sq mi (216,632 km²)  - Width 305 miles (491 km)  - Length 479 miles (771 km)  - % water 0. ... Official language(s) (none)[1] Capital Salem Largest city Portland Area  Ranked 9th  - Total 98,466 sq mi (255,026 km²)  - Width 260 miles (420 km)  - Length 360 miles (580 km)  - % water 2. ... For the capital city of the United States, see Washington, D.C.. For other uses, see Washington (disambiguation). ...


In 1994 , BankAmerica acquired the Continental Illinois National Bank and Trust Co. of Chicago, which had become federally owned as part of the same oil industry debacle emanating from Oklahoma City's Penn Square Bank, that had brought down numerous financial institutions including Seafirst. At the time, no bank had the resources to bail out Continental, so the federal government operated the bank for nearly a decade. Illinois at that time regulated branch banking extremely heavily, so Bank of America Illinois was a single-unit bank until the 21st century. BankAmerica moved its national lending department to Chicago in an effort to establish a financial beachhead in the region. The Continental Illinois National Bank and Trust Co. ... Flag Seal Nickname: The Windy City Motto: Urbs In Horto (Latin: City in a Garden), I Will Location Location in Chicagoland and northern Illinois Coordinates , Government Country State Counties United States Illinois Cook, DuPage Mayor Richard M. Daley (D) Geographical characteristics Area     City 606. ... Official language(s) English[1] Capital Springfield Largest city Chicago Largest metro area Chicago Metropolitan Area Area  Ranked 25th  - Total 57,918 sq mi (140,998 km²)  - Width 210 miles (340 km)  - Length 390 miles (629 km)  - % water 4. ... Flag Seal Nickname: The Windy City Motto: Urbs In Horto (Latin: City in a Garden), I Will Location Location in Chicagoland and northern Illinois Coordinates , Government Country State Counties United States Illinois Cook, DuPage Mayor Richard M. Daley (D) Geographical characteristics Area     City 606. ...


These mergers helped BankAmerica Corporation to once again become the largest U.S. bank holding company in terms of deposits, but the company fell to second place in 1997 behind fast-growing NationsBank Corporation, and to third in 1998 behind North Carolina's First Union Corp. In 1998, BankAmerica was purchased by NC-based NationsBank, and changed the headquarters to Charlotte, North Carolina. Logo of the former NationsBank Corp. ... First Union Corporation was a large banking chain based in Charlotte, North Carolina. ...


Merger of NationsBank and BankAmerica

In 1997, BankAmerica lent D. E. Shaw & Co., a large hedge fund, $1.4bn so that the hedge fund would run various businesses for the bank. However, D.E. Shaw suffered significant loss after 1998 Russia bond default. BankAmerica was later acquired by NationsBank that year. D. E. Shaw & Co. ... Inkombank was one of the most high-profile casualties of the events of August 1998. ...


The purchase of BankAmerica Corp. by the NationsBank Corporation was the largest bank acquisition in history at that time. While the deal was technically a purchase of BankAmerica Corporation by NationsBank, the deal was structured as merger with NationsBank renamed to Bank of America Corporation, and Bank of America NT&SA, changing its name to Bank of America, N.A. as the remaining legal bank entity. The bank still operates under Federal Charter 13044 which was granted to Giannini's Bank of Italy on March 1, 1927. However, SEC filings before 1998 are listed under NationsBank, not BankAmerica. NationsBank was a large banking corporation in the United States, based in Charlotte, North Carolina. ... is the 60th day of the year (61st in leap years) in the Gregorian calendar. ... Year 1927 (MCMXXVII) was a common year starting on Saturday (link will display full calendar) of the Gregorian calendar. ...


Following the US$64.8 billion acquisition of BankAmerica by NationsBank, the resulting Bank of America had combined assets of US$570 billion, as well as 4,800 branches in 22 states. Despite the mammoth size of the two companies, federal regulators insisted only upon the divestiture of 13 branches in New Mexico, in towns that would be left with only a single bank following the combination. This is because branch divestitures are only required if the combined company will have a larger than 25 percent FDIC deposit market share in a particular state or 10 percent deposit market share overall. Federal courts Supreme Court Circuit Courts of Appeal District Courts Elections Presidential elections Midterm elections Political Parties Democratic Republican Third parties State & Local government Governors Legislatures (List) State Courts Local Government Other countries Atlas  US Government Portal      A U.S. state is any one of the fifty subnational entities of... The FDIC logo The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass-Steagall Act of 1933. ... Deposit Market Share is a way of measuring the size and performance of Banks. ...


History since 1998

In 2001, Bank of America CEO and chairman Hugh McColl stepped down and named Ken Lewis as his successor. Lewis's greater focus on financial discipline and efficiency contrasted greatly with the expansionary mergers and acquisition strategy of his predecessor. Hugh McColl (born June 18, 1935) is an American banker who was a driving force behind the consolidation that characterizes the commercial banking industry today. ... Official portrait. ...


Acquisition of National Processing Company

In 2004, Bank of America purchased Louisville, Kentucky-based National Processing Company for $1.4 billion from National City Corp. The renamed company—BA Merchant Services—has been processing one in every five VISA and MasterCard transactions. The company also has been providing financial solutions for travel and healthcare companies. BA Merchant Services has been headquartered in Louisville. Louisville redirects here. ... National City Corporation (NYSE: NCC), based in Cleveland, Ohio, is one of the ten largest banks in America in terms of deposits. ... BA Merchant Services, LLC is a wholly owned subsidiary of Bank of America specializing in handling credit, debit, stored value, and electronic benefits transfer (EBT) card transactions. ...


FleetBoston Financial merger

Also in 2004, Bank of America acquired Boston, Massachusetts-based FleetBoston Financial for $47 billion in an all-stock deal to solidify Bank of America's position as the bank with the largest FDIC-rated deposit market share in the United States with $513 billion in deposits, well ahead of the number two bank holding company, newly-merged JPMorgan Chase-Bank One with $353 billion in deposits and number three Wells Fargo & Co. with $228 billion (as of 30 June 2003). This acquisition gave Bank of America access to the northeastern market. FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. ... The FDIC logo The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass-Steagall Act of 1933. ... Wells Fargo (NYSE: WFC) is a diversified financial services company in the United States, with consumer finance subsidiaries doing business in Canada, the Northern Mariana Islands and the Caribbean. ... is the 181st day of the year (182nd in leap years) in the Gregorian calendar. ... Year 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ...


Purchase of MBNA

On 30 June 2005, Bank of America announced it would purchase credit card giant MBNA for $35 billion in cash and stock. The Federal Reserve Board gave final approval to the merger on 15 December 2005, and the merger closed on 1 January 2006. The acquisition of MBNA provided Bank of America a leading credit card issuer at home and abroad. The combined Bank of America Card Services organization, including the former MBNA—had more than 40 million U.S. accounts and nearly $140 billion in outstanding balances. is the 181st day of the year (182nd in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... MBNA logo, 2004-2006 MBNA Corporation was a bank holding company headquartered in Wilmington, Delaware, prior to being acquired by Bank of America in 2005. ... The Federal Reserve System is headquartered in the Eccles Building on Constitution Avenue in Washington, DC. The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central bank of the United States. ... is the 349th day of the year (350th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... is the 1st day of the year in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...


Divestiture of operations in Brazil, Chile and Uruguay

In May 2006, the Bank of America and Banco Itau (Investimentos Ita S.A.) entered into an acquisition agreement through which Itaú agreed to acquire BankBoston's operations in Brazil and was granted an exclusive right to purchase Bank of America's operations in Chile and Uruguay. A deal was signed in August 2006 under which Itaú agreed to purchase Bank of America's operations in Chile and Uruguay. Prior to the transaction, BankBoston's Brazilian operations included asset management, private banking, a credit card portfolio, and small, middle-market, and large corporate segments. It had 66 branches and 203,000 clients in Brazil. BankBoston in Chile had 44 branches and 58,000 clients and in Uruguay it had 15 branches. In addition, there was a credit card company, OCA, in Uruguay, which had 23 branches. BankBoston N.A. in Uruguay, together with OCA, jointly served 372,000 clients. While the BankBoston name and trademarks were not part of the transaction, as part of the sale agreement, they cannot be used by Bank of America in Brazil, Chile or Uruguay following the transactions. Hence, the BankBoston name has disappeared from Brazil, Chile and Uruguay. The Itaú stock received by Bank of America in the transactions has allowed Bank of America's stake in Itaú to reach 11.51%. Banco Boston do Brazil had been founded in 1947. For other uses, see May (disambiguation). ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Banco Itaú it is a private-owned bank with its headquaters in Sao Paulo, Brazil. ...


Purchase of US Trust

On 20 November 2006, Bank of America announced the purchase of The United States Trust Company for $3.3 billion, from the Charles Schwab Corporation. US Trust had about $100 billion of AUM and over 150 years of experience. The deal closed 1 July 2007.[7] is the 324th day of the year (325th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... The Charles Schwab Corporation NASDAQ: SCHW is the worlds largest discount broker. ... Assets under management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to guage how much money they are managing. ... This article is about the year 1. ... This article does not cite any references or sources. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...


Acquisition of ABN Amro North America and LaSalle Bank

On Sept 14 2007, Bank of America won approval from the Federal Reserve to acquire ABN Amro North America and LaSalle Bank Corporation from ABN AMRO for $21 billion. With this combination Bank of America will have 1.7 trillion in assets. A Dutch court blocked the sale until it was later approved in July. The acquisition was completed on October 1, 2007. September 14 is the 257th day of the year in the Gregorian calendar (258th in leap years). ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... The Federal Reserve System is headquartered in the Eccles Building on Constitution Avenue in Washington, DC. The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system of the United States. ... LaSalle Bank is a US banking group that is a part of LaSalle Bank Corporation. ... ABN AMRO (Euronext: AAB, NYSE: ABN) is one of the largest banks in Europe and has operations all over the world. ... is the 274th day of the year (275th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...


The deal increased Bank of America's presence in Illinois, Michigan, and Indiana by 411 branches, 17,000 commercial bank clients, 1.4 million retail customers and 1,500 ATMs. Bank of America has become the largest bank in the Chicago market with 197 offices and 14% of the deposit share, passing up JPMorgan Chase. LaSalle customers now have fee free access to Bank of America ATMs from coast to coast as well as access to the Global ATM Alliance. Nickname: Motto: Urbs in Horto (Latin: City in a Garden), I Will Location in the Chicago metro area and Illinois Coordinates: , Country State Counties Cook, DuPage Settled 1770s Incorporated March 4, 1837 Government  - Mayor Richard M. Daley (D) Area  - City  234. ... JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. ... There are very few or no other articles that link to this one. ...


Investment in Countrywide Financial

On August 23, 2007 the company announced a $2 billion dollar repurchase agreement for Countrywide Financial. This purchase of preferred stock is arranged to provide a return on investment of 7.25% per annum and provides the option to purchase common stock at a price of $18 per share.[8] Countrywide Financial Corporation (NYSE: CFC) is a diversified financial marketing and service holding company engaged primarily in residential mortgage banking and related businesses. ... A preferred stock, also known as a preferred share or simply a preferred, is a share of stock carrying additional rights above and beyond those conferred by common stock. ... In finance, the return on investment (ROI) or just return is a calculation used to determine whether a proposed investment is wise, and how well it will repay the investor. ... Common stock, also referred to as common shares, are, as the name implies, the most usual and commonly held form of stock in a corporation. ...


Bank of America divisions

Bank of America ATM
Bank of America ATM
Bank of America branch in Lowell, MA with error in signage.
Bank of America branch in Lowell, MA with error in signage.
Typical Bank of America local office
Typical Bank of America local office

Bank of America generates 90% of its revenues in its domestic market and continues to buy businesses in the US. The core of Bank of America’s strategy is to be the number one bank in its domestic market. It has achieved this through key acquisitions.[9] As a result of its mergers and acquisitions, Bank of America is now the largest issuer of credit, debit and prepaid cards in the world based on total purchase volume, as well as the largest consumer and small business bank in the United States.[citation needed] Image File history File linksMetadata Download high resolution version (3072x2048, 3386 KB) Summary Photo of Bank of America ATM Machine by Brian Katt, Framingham Rest Stop, MA. Licensing I, the creator of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms of... Image File history File linksMetadata Download high resolution version (3072x2048, 3386 KB) Summary Photo of Bank of America ATM Machine by Brian Katt, Framingham Rest Stop, MA. Licensing I, the creator of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms of... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (2272 × 1704 pixel, file size: 861 KB, MIME type: image/jpeg) A Bank of America branch in Lowell, MA. Formerly a FleetBoston branch, it was converted to Bank of America in 2005 (note the mistake they... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (2272 × 1704 pixel, file size: 861 KB, MIME type: image/jpeg) A Bank of America branch in Lowell, MA. Formerly a FleetBoston branch, it was converted to Bank of America in 2005 (note the mistake they... Image File history File links Download high resolution version (1000x621, 176 KB) Summary A Bank of America consumer banking center at Porter Ranch Town Center, a shopping center in Porter Ranch, Los Angeles, California. ... Image File history File links Download high resolution version (1000x621, 176 KB) Summary A Bank of America consumer banking center at Porter Ranch Town Center, a shopping center in Porter Ranch, Los Angeles, California. ...


Consumer

Global Consumer and Small Business Banking (GC&SBB) is the largest division in the company, and deals primarily with consumer banking and credit card issuance. The acquisition of FleetBoston and MBNA significantly expanded its size and range of services, resulting in about 51% of the company's total revenue in 2005. It competes directly with the retail banking divisions of Citigroup and JPMorgan Chase. The GC&SBB organization includes over 5,700 retail branches and over 17,000 ATMs across the United States. Citigroup Inc. ... JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. ...


Bank of America is a member of the Global ATM Alliance, a joint 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. Other participating banks are Barclays (United Kingdom), BNP Paribas (France), China Construction Bank (China), Deutsche Bank (Germany), Santander Serfin (Mexico), Scotiabank (Canada) and Westpac (Australia and New Zealand).[10] There are very few or no other articles that link to this one. ... “Cash machine” redirects here. ... This article needs cleanup. ... Barclays Bank is the fourth largest bank in the United Kingdom. ... BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. ... The China Construction Bank (CCB) SEHK: 0939 (Simplified Chinese: , Traditional Chinese: ; pinyin: Zhōngguó Jiànshè Yínháng) is one of the big four banks in the Peoples Republic of China. ... Deutsche Bank AG (IPA: [1]) (ISIN: DE0005140008, NYSE: DB) (English: ) is a bank operating worldwide and employing more than 75,000 people (June, 2007). ... Scotiabank (Banque Scotia)(TSX: BNS NYSE: BNS), formally known as The Bank of Nova Scotia is one of Canadas Big Five banks. ... Westpac Banking Corporation ASX: WBC NZX: WBC, usually called Westpac, is the fourth largest bank in Australasia, after the National Australia Bank, Commonwealth Bank of Australia and ANZ and one of the largest banks in the South Pacific. ...


Corporate

Global Corporate and Investment Banking (GCIB), also known as Banc of America Securities LLC, provides mergers and acquisitions advisory, underwriting, capital markets, as well as sales & trading in fixed income and equities markets. Its strongest groups include Leveraged Finance, Syndicated Loans, and mortgage-backed securities. It also has one of the largest research teams on Wall Street. Banc of America Securities LLC is based in New York City, with major offices also located in Charlotte, Chicago, San Francisco, Tokyo, Frankfurt, London, and Mumbai. Banc of America Securities LLC (BAS), based in New York City, is the investment banking subsidiary of Bank of America. ... The phrase mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow rapidly without having to create another business... Underwriting refers to the process that a large financial service provider takes a dump on your face and then uses it to assess the process of providing access to their product like providing equity capital, insurance or credit to a customer. ... A syndicated loan (or syndicated bank facility) is a large loan in which a group of banks work together to provide funds for a borrower. ... In finance, a mortgage-backed security (MBS) is an asset-backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans. ... Elaborate marble facade of NYSE as seen from the intersection of Broad and Wall Streets For other uses, see Wall Street (disambiguation). ...


Investment Management

Global Wealth and Investment Management manages assets of institutions and individuals. It is among the 10 largest U.S. wealth managers (ranked by private banking assets under management in accounts of $1 million or more as of June 30, 2005). In July 2006, Chairman Ken Lewis announced that GWIM's total assets under management exceeded $500 billion. GWIM has five primary lines of business: Premier Banking & Investments (including Banc of America Investment Services, Inc.), The Private Bank, Family Wealth Advisors, Columbia Management Group, and Banc of America Specialist. Official portrait. ... Banc of America Investment Services, Inc. ... Columbia Management Group is Bank of America Corporations primary investment management division. ...


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. "Bank of America already has excellent relationships with the corporate and financial institutions world. Its clients include 98% of the Fortune 500 companies in the US and 79% of the Global Fortune 500. These relationships, as well as a balance sheet that most banks would kill for, are the foundations for a lofty ambition."[11]


Bank of America is currently constructing a massive new headquarters for its New York City operations. The skyscaper will be located on 42nd Street and Avenue of the Americas, at Bryant Park, and will feature state of the art, environmentally-friendly technology throughout its 1.2 million square feet (111,484 m²) of office space. The building will be the headquarters for the company's investment banking division, and will also host most of Bank of America's New York-based staff. The Bank of America Tower at One Bryant Park in New York City is a $1 billion skyscraper project currently undergoing construction, on the west side of Sixth Avenue, between 42nd and 43rd Street, opposite Bryant Park in Midtown Manhattan. ... Main article: Transportation in New York City 42nd Street, NYC 42nd Street is a major crosstown street in the New York City borough of Manhattan, known for its theaters, especially near the intersection with Broadway at Times Square. ... Sixth Avenue looking south from 18th Street Sixth Avenue is a major avenue in New York Citys borough of Manhattan. ... Bryant Park, August 2003 Bryant Park is a 9. ... The state of the art is the highest level of development, as of a device, technique, or scientific field, achieved at a particular time. ...


International operations

In 2005, Bank of America acquired a 9% stake in China Construction Bank, China's second largest bank, for $3 billion.[12] It represented the company's largest foray into China's growing banking sector. Bank of America currently has offices in Hong Kong, Shanghai, and Guangzhou and is looking to greatly expand its Chinese business as a result of this deal. The China Construction Bank (CCB) SEHK: 0939 (Simplified Chinese: , Traditional Chinese: ; pinyin: Zhōngguó Jiànshè Yínháng) is one of the big four banks in the Peoples Republic of China. ... For other uses, see Shanghai (disambiguation). ... Guangzhou is the capital and the sub-provincial city of Guangdong Province in the southern part of the Peoples Republic of China. ...


Bank of America has invested in India as an emerging market. Currently, Bank of America maintains branches in Mumbai, Chennai, Calcutta, New Delhi and Bangalore. For the fiscal year ending March 31, 2006 Bank of America reported an 80% increase in net profit.[13] , “Bombay” redirects here. ... , “Madras” redirects here. ... This article is on Calcutta/Kolkata, the city. ... , This article is about the urban region that is the capital of India. ... For other uses, see Bangalore (disambiguation). ...


Bank of America operated under the name BankBoston in many other Latin American countries, including Brazil. In 2006, Bank of America sold all BankBoston's operations to Brazilian bank Banco Itaú, in exchange for Itaú shares. The BankBoston name and trademarks were not part of the transaction and, as part of the sale agreement, cannot be used by Bank of America. That, in practical terms, deemed the definite extinction of the BankBoston brand.


Bank of America's Global Corporate and Investment Banking spans the Globe with divisions in United States, Europe and Asia. The U.S. headquarters are located in New York, European headquarters are based in London and Asia's headquarters are split between Singapore & Hong Kong.


Financial Data

Financial data in $ millions
Year 2002 2003 2004 2005 2006
revenue net of interest 35 082 38 529 49 610 56 923 74 247
EBITDA 18 654 16 722 21 885 29 490 35 597
Net Results 9 249 10 810 14 143 16 465 21 133
Staff NA NA 176 000 176 638 203 000
Source :'OpesC'

Look up revenue in Wiktionary, the free dictionary. ... In accounting and finance, EBITDA «ee-bit-dah» or «ee-bit-dee-eh» stands for Earnings before Interest, Taxes, Depreciation, and Amortization (sometimes named OIBDA for operating income before depreciation and amortization). ... You may be looking for information on: Look up staff on Wiktionary, the free dictionary. ...

Corporate Governance

Directors

  • William Barnet III, Chairman, President and Chief Executive Officer, The Barnet Company
  • Frank P. Bramble Sr, Former, Executive Officer, MBNA Corporation
  • John T. Collins, Chief Executive Officer, The Collins Group
  • Gary L. Countryman, Chairman Emeritus, Liberty Mutual Group
  • Tommy Franks, Retired General, United States Army
  • Charles K. Gifford, Former Chairman, Bank of America Corporation
  • W. Steven Jones, Dean, Kenan-Flagler Business School University of North Carolina at Chapel Hill
  • Kenneth D. Lewis, Chairman, Chief Executive Officer and President, Bank of America Corporation
  • Monica C Lozano, Publisher and Chief Executive Officer of La Opinion
  • Walter E. Massey, President Emeritus, Morehouse College
  • Thomas J. May, Chairman, President and Chief Executive Officer, NSTAR
  • Patricia E. Mitchell, President and Chief Executive Officer, The Paley Center for Media
  • Thomas M. Ryan, President and Chief Executive Officer of CVS/Caremark Corporation
  • O. Temple Sloan, Jr., Chairman, General Parts International
  • Meredith R. Spangler, Trustee and Board Member
  • Robert L. Tillman, Chairman and CEO Emeritus, Lowe's
  • Jackie M. Ward, Retired Chairman/CEO, Computer Generation

MBNA Corporation (NYSE: KRB), (Xetra: MBN) is a bank holding company, it is the worlds largest independent credit card issuer, specializing in affinity marketing. ... Liberty Mutual Group (LMG, Liberty, Liberty Mutual), is a large American insurance company. ... Tommy Ray Franks (born June 17, 1945 in Wynnewood, Oklahoma) is a retired General in the United States Army, previously serving as the Commander of the United States Central Command, overseeing United States Armed Forces operations in a 25-country region, including the Middle East. ... The United States Army is the largest and oldest branch of the armed forces of the United States. ... Charles K. Gifford is a corporate director of the CBS Corporation. ... Bank of America (BofA) (NYSE: BAC) is the largest bank in the United States of America, in terms of deposits. ... Official portrait. ... La Opinión is a Spanish language daily newspaper published in Los Angeles, California and distributed throughout the six counties of Southern California. ... NSTAR is a private utility company that provides retail electricity and natural gas to customers in eastern and central Massachusetts. ... “Lowes” redirects here. ...

Social responsibility

In the mid 2000s, Bank of America began accentuating its charitable side. In addition to its new eco-friendly office tower in Manhattan, Bank of America has pledged to spend billions on commercial lending and investment banking for projects that it considers "green." The corporation, which already supplied all of its employees with cash incentives to buy hybrid vehicles, is also helping its customers be eco-friendly by rolling out a new credit card program in 2007 that would donate money to helping the environment, as well as providing mortgage loan breaks for customers whose homes qualified as energy efficient.[14]


In addition to trying to help the environment, Bank of America has also donated money to help health centers in Massachusetts[15] and made donations to help homeless shelters in Miami.[16]


Diversity

Bank of America in Washington, D.C.

Bank of America was named one of the 100 Best Companies for Working Mothers in 2004 by Working Mothers magazine. Furthermore, Amy Woods Brinkley, the Bank's Global Risk Executive, and Barbara Desoer, the Bank's Global Technology and Service Fulfillment Executive, were named two of the most powerful women in Banking by US Banker magazine, and were among the "top 50 most powerful women in business," as ranked by Fortune. Image File history File linksMetadata Download high-resolution version (2436x1590, 1542 KB) Bank of America Banking Center across the street from the White House at 1501 Pennsylvania Ave NW, Washington, DC. Photographed on March 18, 2005 by me joneboi I, the creator of this work, hereby grant the permission to... Image File history File linksMetadata Download high-resolution version (2436x1590, 1542 KB) Bank of America Banking Center across the street from the White House at 1501 Pennsylvania Ave NW, Washington, DC. Photographed on March 18, 2005 by me joneboi I, the creator of this work, hereby grant the permission to... For other uses, see Washington, D.C. (disambiguation). ... Official portrait. ... Barbara J. Desoer is the Global Technology, Service and Fulfillment Executive at Bank of America Corporation. ... Fortune magazine is Americas second longest-running business magazine after Forbes magazine. ...


Bank of America corporate buildings

Bank of America Tower in Tampa, Florida

Image File history File linksMetadata Download high-resolution version (1944x2592, 783 KB) I, the creator of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1. ... Image File history File linksMetadata Download high-resolution version (1944x2592, 783 KB) I, the creator of this work, hereby grant the permission to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1. ... This article is about the Bank of America Plaza in Atlanta. ... Image File history File linksMetadata Download high-resolution version (1944x2592, 2050 KB) Bank of America Tower in Tampa FL. File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Bank of America Metadata This file contains additional information, probably added... Image File history File linksMetadata Download high-resolution version (1944x2592, 2050 KB) Bank of America Tower in Tampa FL. File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Bank of America Metadata This file contains additional information, probably added... Tampa redirects here. ... The Bank of America Tower (formerly the Columbia Seafirst Center) is the tallest skyscraper in the downtown Seattle skyline. ... This article is about the city in the US state of Maryland. ... City nickname Emerald City City bird Great Blue Heron City flower Dahlia City mottos The City of Flowers The City of Goodwill City song Seattle, the Peerless City Mayor Greg Nickels County King County Area   - Total   - Land   - Water   - % water 369. ... Bank of America Tower is the name of several buildings: Bank of America Tower (Albuquerque) in New Mexico Bank of America Tower (Boca Raton) in Florida Bank of America Tower (Jacksonville) in Florida Bank of America Tower (Los Angeles) in California Bank of America Tower (Lubbock) in Texas Bank of... Bellevue is a city located in King County, Washington. ... Image:Stpetewaterfront2. ... Nickname: Floridas Sunshine City Location of the city proper in Pinellas County the state of Florida Coordinates: Country United States State Florida County Pinellas County Founded 1876 Incorporated February 29, 1892 Government  - Mayor Rick Baker Area  - City  133. ... The Bank of America building (or The Superman Building to locals) is the tallest building in the city of Providence and the state of Rhode Island. ... Providence is the capital and largest city in Rhode Island, a state of the United States of America. ... Bank of America Tower construction site, as seen from the corner of 42nd Street and Sixth Avenue. ... Midtown Manhattan, looking north from the Empire State Building, 2005 New York City (officially named the City of New York) is the most populous city in the United States, the most densely populated major city in North America, and is at the center of international finance, politics, entertainment, and culture. ... The Bank of America Tower in Jacksonville, Florida is the tallest building in Jacksonville. ... Jacksonville redirects here. ... Albuquerque Plaza, seen from across Tijeras Ave. ... The Rio Grande flowing past Albuquerque Albuquerque is the largest city in the state of New Mexico, United States. ... For other buildings with the same name, see Bank of America Tower. ... Tampas skyline For alternate meanings, see Tampa (disambiguation) Tampa is a city located in Hillsborough County on the west coast of Florida. ... The Bank of American Plaza is a skyscraper located in downtown St. ... The Gateway Arch, shown here behind the Old Courthouse, is the most recognizable part of the St. ... Richmond is the capital of Virginia, a state (officially the Commonwealth of Virginia) of the United States of America. ... The Bank of America Tower (formerly the CenTrust Tower) is a 47-story, landmark office tower in Miami, Florida. ... This article is about the city in Florida. ... “Lubbock” redirects here. ... This article is about the largest city in California. ... The Bank of America Tower is a highrise in downtown Phoenix, Arizona. ... Phoenix is the capital, largest city and largest metropolitan area in the state of Arizona, United States. ... Boca Raton is a city located in Palm Beach County, Florida. ... The Bank of America Center, formerly the RepublicBank Center, NCNB Center and the NationsBank Center in Downtown Houston, Texas looks like a classic 1920s skyscraper. ... Houston redirects here. ... The Bank of America Center is a 52-story, 779 ft (237. ... This article is about the city in California. ... Aerial photo (looking NW) of the Washington Monument and the White House in Washington, DC. Washington, D.C., officially the District of Columbia (also known as D.C.; Washington; the Nations Capital; the District; and, historically, the Federal City) is the capital city and administrative district of the United... For other uses, see White House (disambiguation). ... This article is about the Bank of America Plaza in Atlanta. ... This article is about the state capital of Georgia. ... For other places or people named Charlotte, see American metropolises, Charlotte, North Carolina is the countrys second biggest banking center. ... The Bank of America Corporate Center is an 871 ft (265m) skyscraper in downtown Charlotte, North Carolina. ... The Bank of America Plaza, located at 901 Main Street in downtown Dallas, Texas (USA) is a 72-story modern-styled skyscraper. ... Dallas redirects here. ... This article is about the largest city of Illinois. ... Galveston redirects here. ...

Major Sponsorships

Bank of America owns the naming rights of several venues and events in the sports world

Bank of America Stadium is a football stadium located in uptown Charlotte, North Carolina. ... Charlotte redirects here. ... NC may stand for: National Certificate, Ireland Network computer New Caledonia (ISO 3166-1 alpha-2 country code) Nicks class in computational complexity theory No Connection on an electronics circuit schematic or pinout Nordic Council normally closed switch North Carolina (state code) Norton Commander (file manager) Numerical control Netcat... City Charlotte, North Carolina Other nicknames The Cardiac Cats Team colors Black, Carolina Blue, and Silver Head Coach John Fox Owner Jerry Richardson General manager Marty Hurney Mascot Sir Purr League/Conference affiliations National Football League (1995–present) National Football Conference (1995-present) NFC West (1995-2001) NFC South (2002... NFL logo For other uses of the abbreviation NFL, see NFL (disambiguation). ... The Meineke Car Care Bowl is an NCAA-sanctioned Division I-A post-season college football bowl game that has been played annually at 73,367-seat Bank of America Stadium in Charlotte, North Carolina, since 2002. ... Bank of America Arena, formerly known as Hec Edmundson Pavilion is a 10,000-seat basketball arena in Seattle, Washington on the campus of the University of Washington. ... City nickname Emerald City City bird Great Blue Heron City flower Dahlia City mottos The City of Flowers The City of Goodwill City song Seattle, the Peerless City Mayor Greg Nickels County King County Area   - Total   - Land   - Water   - % water 369. ... For the capital city of the United States, see Washington, D.C.. For other uses, see Washington (disambiguation). ... The University of Washington, founded in 1861, is a public research university in Seattle, Washington. ... The Bank of America 500 is a NASCAR race that is hosted annually at Lowes Motor Speedway in the United States. ... Jeff Burton (99), Elliott Sadler (38), Ricky Rudd (21), Dale Jarrett (88), Sterling Marlin (40), Jimmie Johnson (48), and Casey Mears (41) practice for the 2004 Daytona 500 The National Association for Stock Car Auto Racing (NASCAR) is the largest sanctioning body of motorsports in the United States. ... The National Association for Stock Car Auto Racing (NASCAR) is the largest sanctioning body of motorsports in the United States. ... Lowes Motor Speedway (formerly Charlotte Motor Speedway) is a speedway in Concord, North Carolina, north of Charlotte. ... Concord is a city located in Cabarrus County, North Carolina, a suburb of Charlotte. ... The LaSalle Bank Chicago Marathon, held in Chicago, is one of the largest marathon road races in the world, as well as one of the fastest growing. ...

Official Bank of:

Bank of America sign at Fenway Park in Boston, MA.
Bank of America sign at Fenway Park in Boston, MA.

Ad campaigns that run during the Little League World Series and the World Series use the slogan "The Official Bank of Baseball." Image File history File links Metadata Size of this preview: 800 × 533 pixelsFull resolution (3504 × 2336 pixel, file size: 2. ... Image File history File links Metadata Size of this preview: 800 × 533 pixelsFull resolution (3504 × 2336 pixel, file size: 2. ... Fenway redirects here. ... NFL logo For other uses of the abbreviation NFL, see NFL (disambiguation). ... NHL can also be an abbreviation for National Historic Landmark or Non-Hodgkins lymphoma. ... Jeff Burton (99), Elliott Sadler (38), Ricky Rudd (21), Dale Jarrett (88), Sterling Marlin (40), Jimmie Johnson (48), and Casey Mears (41) practice for the 2004 Daytona 500 The National Association for Stock Car Auto Racing (NASCAR) is the largest sanctioning body of motorsports in the United States. ... Major Leagues redirects here. ... For the organization which many minor leagues belong to, see Minor League Baseball Part of the History of baseball series. ... Little League Baseball - Logo Little League pitcher in Winesburg, Ohio Little League, Wayne, Michigan Little League Baseball is the name of a non-profit organization in the United States which organizes particular local childrens leagues of baseball and softball throughout the USA and the rest of the world. ... A Little League World Series game at Howard J. Lamade Stadium in South Williamsport. ... For other events named World Series, see World Series (disambiguation). ...


Regional Sponsorships:

Arts and Culture

Baseball Lincoln Park is a 1,200 acre (4. ... The University of Arizona (UA or U of A) is a land-grant and space-grant public institution of higher education and research located in Tucson, Arizona, United States. ...

Basketball Major league affiliations American League (1901–present) East Division (1969–present) Current uniform Retired Numbers 4, 5, 8, 20, 22, 33, 42 Name Baltimore Orioles (1954–present) St. ... Major Leagues redirects here. ... Major league affiliations American League (1901–present) East Division (1969–present) Current uniform Retired Numbers 1, 4, 8, 9, 27, 42 Name Boston Red Sox (1908–present) Boston Americans (1901-1907) Other nicknames The BoSox, The Olde Towne Team, The Sox Ballpark Fenway Park (1912–present) Huntington Avenue Baseball Grounds... Major league affiliations National League (1876–present) Central Division (1994–present) Current uniform Retired Numbers 10, 14, 23, 26, 42 Name Chicago Cubs (1902–present) Chicago Orphans (1898-1901) Chicago Colts (1890-1897) Chicago White Stockings (1870-1871, 1874-1889) (a. ... Major league affiliations American League (1961–present) West Division (1969–present) Current uniform Retired Numbers 11, 26, 29, 30, 42, 50 Name Los Angeles Angels of Anaheim (2005–present) Anaheim Angels (1997-2004) California Angels (1965-1996) Los Angeles Angels (1961-1965) Other nicknames The Halos, The Wings, The Seraphs... Major league affiliations National League (1890–present) West Division (1969–present) Current uniform Retired Numbers 1, 2, 4, 19, 20, 24, 32, 39, 42, 53 Name Los Angeles Dodgers (1958–present) Brooklyn Dodgers (1932-1957) Brooklyn Robins (1914-1931) Brooklyn Dodgers (1913) Brooklyn Trolley Dodgers (1911-1912) Brooklyn Superbas (1899... Major league affiliations American League (1901–present) East Division (1969–present) Current uniform Retired Numbers 1, 3, 4, 5, 7, 8, 8, 9, 10, 15, 16, 23, 32, 37, 44, 49 Name New York Yankees (1913–present) New York Highlanders (1903-1912) Baltimore Orioles (1901-1902) (Also referred to as... Oakland Athletics American League AAA Sacramento River Cats AA Midland RockHounds A Stockton Ports Kane County Cougars Vancouver Canadians R Phoenix Athletics The Oakland Athletics are a Major League Baseball team based in Oakland, California. ... Major league affiliations National League (1969–present) West Division (1969–present) Current uniform Retired Numbers 6, 19, 31, 35, 42 Name San Diego Padres (1969–present) Other nicknames The Pads, The Friars, The Fathers, The Dads Ballpark PETCO Park (2004–present) Qualcomm Stadium (1969-2003) a. ... Major league affiliations National League (1883–present) West Division (1969–present) Current uniform Retired Numbers NY, NY, 3, 4, 11, 24, 27, 30, 36, 42, 44 Name San Francisco Giants (1958–present) New York Giants (1885–1957) New York Gothams (1883–1885) Other nicknames Jints, Gigantes, G-Men Ballpark AT... Major league affiliations National League (1892–present) Central Division (1994–present) Current uniform Retired Numbers 1, 2, 6, 9, 14, 17, 20, 42, 42, 45, 85 Name St. ... The Cape Cod Baseball League (CCBL) is a baseball league located on Cape Cod in the U.S. state of Massachusetts, in which many college baseball stars play during the summer. ... “Rutgers” redirects here. ...

Football The Phoenix Suns are a professional basketball team, based in Phoenix, Arizona. ... NBA redirects here. ... University of Maryland, College Park The University of Maryland, College Park (also known as UM, UMD, or UMCP) is a public coeducational university situated in suburban College Park, Maryland just outside Washington, D.C. The flagship institution of the University System of Maryland, the university is most often referred to...

NASCAR, International Speedway Corp. (ISC) and Speedway Motorsports, Inc. (SMI) City Charlotte, North Carolina Other nicknames The Cardiac Cats Team colors Black, Carolina Blue, and Silver Head Coach John Fox Owner Jerry Richardson General manager Marty Hurney Mascot Sir Purr League/Conference affiliations National Football League (1995–present) National Football Conference (1995-present) NFC West (1995-2001) NFC South (2002... NFL redirects here. ... City Irving, Texas Other nicknames Americas Team, The Boys Team colors White, Silver, Silver-Green, Royal Blue, Navy Blue Head Coach Wade Phillips Owner Jerry Jones General manager Jerry Jones League/Conference affiliations National Football League (1960–present) Eastern Conference (1960-1969) Capitol Division (1967-1969) National Football Conference... City Foxborough, Massachusetts Other nicknames The Pats Team colors Nautical Blue, New Century Silver, Red, and White Head Coach Bill Belichick Owner Robert Kraft General manager Bill Belichick (de facto) Mascot Pat Patriot League/Conference affiliations American Football League (1960–69) Eastern Division (1960–69) National Football League (1970–present... For other uses, see Redskins (disambiguation). ... The Orange Bowl is an annual college football game that is usually played on January 1 in the Miami, Florida metro area, in the United States. ... “Rutgers” redirects here. ... Year founded 1995 League Major League Soccer Nickname Revolution, Revs Stadium Gillette Stadium Foxborough, MA Coach Steve Nicol, 2002— Owner Robert Kraft First Game Tampa Bay Mutiny 3–2 New England Revolution (Tampa Stadium; April 13, 1996) Largest Win New England Revolution 6–1 Colorado Rapids (Gillette Stadium; September 18... Major League Soccer (MLS) is a professional soccer league with teams in the United States and Canada. ...

Golf Atlanta Motor Speedway is a superspeedway in Hampton, Georgia, USA, 20 miles (32 km) south of Atlanta. ... The California Speedway is a two-mile, low-banked, D-shaped oval superspeedway in Fontana, California, similar to that of sister track Michigan International Speedway. ... Chicagoland Speedway is a speedway in Joliet, Illinois, USA, southwest of Chicago. ... Infineon Raceway, formerly Sears Point Raceway, is a road course and drag strip located on the landform known as Sears Point in the southern Sonoma Mountains near Sonoma, California, USA. The course is a complex series of twists and turns that go up and down the hills. ... Kansas Speedway is a speedway in Kansas City, in the U.S. state of Kansas. ... Las Vegas Motor Speedway, located at 7000 Las Vegas Boulevard North in Las Vegas, Nevada, is a 1,200 acre (4. ... Lowes Motor Speedway (formerly Charlotte Motor Speedway) is a speedway in Concord, North Carolina, north of Charlotte. ... Phoenix International Raceway is a one mile tri-oval race track located in Avondale, AZ. It opened in 1964, but wasnt used by NASCAR until 1988, with the first race won by the late Alan Kulwicki. ... Texas Motor Speedway is a superspeedway located in the northernmost portion of the U.S. city of Fort Worth, Texas -- the portion located in Denton County, Texas. ... Watkins Glen International (nicknamed The Glen) is an auto race track located near Watkins Glen, New York at the southern tip of Seneca Lake. ...

The Bank of America Championship is a golf tournament on the Champions Tour. ... The Bank of America Colonial is a regular golf tournament on the PGA Tour. ... The Booz Allen Classic is a regular golf tournament on the PGA Tour. ... The Buick Invitational is a PGA TOUR golf tournament played at Torrey Pines Golf Course in San Diego, California each February. ... The Frys. ...

References

  1. ^ Bank of America (2007-02-22). Bank of America to Unveil New Brand Campaign Celebrating the Power of Opportunity. Press release. Retrieved on 2007-08-22.
  2. ^ a b c Caione, Ryan. Bank of America Corporation. Hoovers. Retrieved on 2007-08-22.
  3. ^ a b Bank of America (2007-01-23). Bank of America Reports Record 2006 Earnings of $21.13 Billion, or $4.59 Per Share. Press release.
  4. ^ The Largest Banks in the U.S. (List). The New York Job Source (2006-06-30). Retrieved on 2007-08-22.
  5. ^ United States' Largest Banks (list). Pearson Education, Inc. (2005-12-31). Retrieved on 2007-08-22.
  6. ^ The History of Visa. Visa Inc.. Retrieved on 2007-10-29.
  7. ^ "Bank of America To Buy U.S. Trust", Forbes.com, 2006-11-20. Retrieved on 2007-08-22. 
  8. ^ Caroline Salas and Steven Church. "Countrywide Gives Bank of America $447 Million Gain", Bloomberg L.P., 2007-08-23. Retrieved on 2007-10-29. 
  9. ^ "Awards for Excellence 2007 Best Bank: Bank of America", Euromoney, 2007-07-13. 
  10. ^ "Five big banks form Global ATM Alliance", ATMmarketplace.com. January 9, 2002. Accessed June 22, 2007.
  11. ^ "Bank of America’s next step forward", Euromoney, 2007-07-13. 
  12. ^ "Bank of America invests in China", BBC, 2005-06-17. Retrieved on 2007-08-22. 
  13. ^ "Bank of America's India operations have reported a 80 per cent jump in net profit", indiadaily.com, 2006-06-15. 
  14. ^ "Bank vows $20 billion for green projects", msnbc, 2007-03-07. 
  15. ^ Kowalczyk, Liz. "Bank to aid health centers", The Boston Globe, 2007-03-10. Retrieved on 2007-08-22. 
  16. ^ Freer, Jim. "BofA donates $1M to Camillus House", South Florida Business Journal, 2007-03-09. Retrieved on 2007-08-22. 
  17. ^ Galveston Central Appraisal District site showing the building tax record. Accessed on 10/13/07.
  • Bonadio, Felice A. A.P. Giannini: Banker of America. Berkeley, Calif.: University of California Press, 1994.
  • Hector, Gary. Breaking the Bank: The Decline of BankAmerica. Boston: Little, Brown, 1988.
  • James, Marquie and Bessie. Biography of a Bank: The Story of Bank of America N.T.&S.A. New York: Harper and Brothers, 1954.
  • Johnston, Moira. Roller Coaster: The Bank of America and the Future of American Banking. New York: Ticknor & Fields, 1990.
  • Lampert, Hope. Behind Closed Doors: Wheeling and Dealing in the Banking World. New York: Atheneum, 1986.
  • Light, Larry. Cover Story - Money for the Masses Forbes Magazine, October 1, 2007.
  • Monnette, Orra Eugene. Personal Papers Collection. Los Angeles Public Library (Main), Los Angeles California.
  • Nash, Gerald G. A.P. Giannini and the Bank of America. Norman, Okla.: University of Oklahoma Press, 1992.
  • Yockey, Ross. McColl: The Man with America's Money. Atlanta: Longstreet Press, 1999.
  • Ahmed, Azam and Demirjian, Karoun. Credit offered to illegal residents., Chicago Tribune, Feb. 15, 2007.

For information on Wikipedia press releases, see Wikipedia:Press releases. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 302nd day of the year (303rd in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 302nd day of the year (303rd in leap years) in the Gregorian calendar. ... is the 9th day of the year in the Gregorian calendar. ... Also see: 2002 (number). ... is the 173rd day of the year (174th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 234th day of the year (235th in leap years) in the Gregorian calendar. ...

See also

Bank of America Canada is headquarted in Toronto and a unit of Bank of America of Charlotte NC. Operations BAC does not have any branches in Toronto, but has corporate offices in the city. ... The Bank of America (Asia) is a licensed bank incorporated in Hong Kong. ... This is a list of some of the major banking company mergers since 1930 in the U.S. ^ SunTrust to buy National Commerce Financial. ...

External links


  Results from FactBites:
 
Bank of America - Wikipedia, the free encyclopedia (3823 words)
Bank of America NYSE: BAC TYO: 8648, headquartered in Charlotte, North Carolina (see Bank of America Corporate Center), is the largest commercial bank in the United States measured in deposits (although Citigroup has higher assets worldwide), and the third-largest company in the world by the 2006 Forbes Global 2000.
Bank of America moved its national lending department to Chicago in an effort to establish a financial beachhead in the region.
Bank of America had been accused of withholding customers' direct deposit social security benefit payments to cover debts in cases where a debt is owed to the bank by the customer (e.g.: due to an overdrawn account, various service fees, etc.), this is in direct violation of California state law.
  More results at FactBites »

 
 

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