Bank of America Essay

1509 WordsMar 5, 20137 Pages
Running head: LENDING AND INVESTING WITH BANK OF AMERICA 1 Lending and Investing with Bank of America Cecelia Boatner Saint Martin’s University Abstract Bank of America has done a lot of lending and investing in their time as a corporation. Bank of America is a segment leader in the Banking Industry. It became one of the largest banking institutions in the world by 2008. Has Bank of America benefited our country as one of the largest banking organizations? What are some of the problems that Bank of America is facing today. What are some of the steps that Bank of America should take to remain a segment leader in investing and lending. Evidence shows that their road to success has been a rocky road and has come with a big price tag. Lending and Investing with Bank of America Bank of America has done a lot of lending and investing in their time as a corporation. Bank of America is a segment leader in the Banking Industry. It became one of the largest banking institutions in the world by 2008. Has Bank of America benefited our country as one of the largest banking organizations? What are some of the problems that Bank of America is facing today. What are some of the steps that Bank of America should take to remain a segment leader in investing and lending. Evidence shows that their road to success has been a rocky road and has come with a big price tag. Bank of America Corporation (BoA or ‘the company’) is one of the world’s largest financial institutions. It serves individual consumers, small businesses and large corporations with a range of banking, investing, asset management and other financial products and services (“Bank of America”, 2011). The company primarily operates in the US, Latin America, Europe and Canada, and they are currently headquarter in Charlotte, North

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