Is the third largest commercial bank in the United States of America and the fourth-largest company in the world. Bank of America is larger than its closest rivals in terms of deposit share.The Federal Reserve Board gave final approval to the merger between Bank of America and MBNA Corporation on December 15, 2005. On 1 January 2006 the completion of the deal solidifies the BofA position as the largest issuer of credit cards in the US. BofA is the world's leader in active debit cards. BofA reported in 2005 over $1.2 trillion in assets.
Homepage for Bank of America
Friday, April 07, 2006
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