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The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
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Bank name Headquarters location Total assets (billions of US$) [3] CET1 capital requirement (2022) [4] [5] Market capitalization (billions of US$ as of 12/31/2023) [6] Ticker Symbol; 1 JPMorgan Chase: New York City: $4,090 12.0 $491.76 JPM 2 Bank of America: Charlotte, North Carolina: $3,273 10.4 $266.46 BAC 3 Citigroup: New York City: $2,432 ...
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The Bank of North America was the first chartered bank in the United States, and served as the country's first de facto central bank. [ 1] Chartered by the Congress of the Confederation on May 26, 1781, and opened in Philadelphia on January 7, 1782. [ 2][ 3][ 4] The bank's founding was based on a plan presented by Superintendent of Finance ...