Bank of America Corporation is an American multinational financial services company headquartered in Charlotte, North Carolina. It was formed through NationsBank's acquisition of Bank of America in 1998. It is ranked 2nd on the list of largest banks in the United States by assets. As of 2016, Bank of America was the 26th largest company in the United States by total revenue. It was ranked #11, #7 and #6 in the year 2016, 2017 and 2018 respectively on the Forbes Magazine Global 2000 list of largest companies in the world. Its acquisition of investment bank Merrill Lynch in 2008 solidified it as a "Bulge Bracket bank", becoming a major player in the investment banking market. Bank of America provides its products and services through 4,600 retail financial centers, approximately 15,900 automated teller machines, call centers, and online and mobile banking platforms. The bank's Consumer Real Estate Services segment offers consumer real estate products comprising both fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans.
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