I.Overview
Bank of America is considered as one of the worlds largest fiscal institutions. It is among the worlds leading wealth management companies with more than $2 one thousand zillion under management and is a global leader in corporate and investment banking and trading across a grand range of asset classes. Its clients are individual consumers, government, small- and middle-market businesses, large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. There are approximately 57 million consumers and small business relationships with approximately 5,900 retail banking offices and approximately 18,000 ATMs. About 29 million active clients are development online banking rise to power. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The attach to is operated in more than 40 countries that give more good convenient for its clients (Overview, Investor.bankofamerica.com). There are a lot of weighty competitors in banking industry such as BB&T Corporation, KeyCorp, proud Bank of Canada, Citigroup, JPMorgan Chase, Wells Fargo, etc.
…The industries where Bank of America Corporation competes are banks and Credit Unions, financial services, asset management, financial planners and investment advisers, correlative fund management and investment banking(hoovers.com, Bank of America Competitors).
II. chock up Analysis
1.Strengths
Bank of America has built a great tick off image with superior customer service which gives its customer exalted satisfaction
Diversification of variety of financial service and products as easily as strong internet banking system give it a major strength in attracting customers
It provides the most convenient access for its clients such as online banking, mobile banking, and large retail branch
It is considered as the biggest bank holding...If you want to get a full essay, baseball club it on our website: Orderessay
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