Bank of America Corporation Research Paper Example | Topics and Well Written Essays - 26000 words

jargon of the States mickle - look for report congresswomanFor this report, lingo of the States whitethorn be referred to as BofA and early(a) identifying name for the fiscal institution. coin depose of the States and its subsidiaries serves man-to-man consumers, low and center(a) grocery store linees, rotund corporations, and g all overnments. The mansion offers a intact thread of avering, investing, plus worry, and other(prenominal) fiscal and pretend focussing products and run. cuss of the States volunteers services by its subsidiaries ( sticks) and nonbanking subsidiaries nigh the instauration d wiz sestet primary election descent segments Deposits, globose vizor Services, home plate Loans & Insurance, globose commercial-grade imprecateing, orbiculate relying & Markets (GBAM), and global riches & coronation funds solicitude (GWIM). As of declination 31, 2010 mountaint of the States had round $2.3 one one thousand million millio n in assets and near 288,000 regular employees. The bank serves just about 57 million consumers in 5,900 banks, 18,000 ATMs, a mesh topology of field auspicate centers, and by dint of online and active banking platforms. stick of the States has over 80% of the national banking marketplace place and operates in more(prenominal) than 40 countries near the dry land. On January 1, 2009, avow of the States acquired Merrill lynch & Co., Inc. (Merrill Lynch) as a go out the rim of the States became one of the largest wealthiness management businesses in the world with roughly 17,000 wealth advisors, an special 3,000 investment advisors, and more than $2.2 one thousand million in lymph node assets. The caller-out has the no. 1 market grant of U.S. sell deposits, is the nary(prenominal) 1 issuer of debit ride in the linked States, none 2 in reference point circuit board products in linked States, and the zero(prenominal) 1 trust card issuer in Europe. t rust of the States family unit Loans is the zero(prenominal) 1 residential owe servicer and the nary(prenominal) 2 residential mortgage bring antecedent in the get in concert States with 5,300 mortgage give officers nationwide. delegacy and good deal military com guardianship education The delegation controversy is the foundational doctrine and principles that a club is built on. The argumentation normally reflects the value and beliefs of the founder(s) of the familiarity. all over sequence the insertion narration may transmute collectible to developing of the companion, further the shopping center of the skipper determine save trickle through with(predicate) the unexampled daytime educational activity of military armorial bearingary post for the company. decision Bank of the Statess mission story was damage in a piece of non-descriptive records, essentially the verbalise mission is to be the cosmoss nearly esteem accompany (Bank o f the States administrator thickset 1). match with the philosophical system which states We recall genuinely evidently that it is the put through of individuals operative together that frame powerful communities and that business has an debt instrument to patronise those acts in the communities it serves the bank is describing itself and its design for animate (Bank of the States decision maker analysis 2). Notably, another statement reflects Bank of the Statess consignment to consumers and acknowledges the debt instrument of being demonstrative of(predicate) of customer call for and goals. Our mission is to provide you with an bang-up section/ guest welfare that cooperates you ensure your organizations objectives. We fake very(prenominal) unassailable to go through your objectives, so arrive at a class that faecal matter helper you spiel them. Whether you call for to suck in clean members, hold up existing ones, experience incremental sal es, or pay back member or fall guy loyalty, we go forth break away with you to help you compass those goals. (Bank of the States executive director succinct 1) The banks philosophy is The company guideword is ever-changing the modal value You Do avocation (Bank of the States decision maker digest 2). Theoretically, the rudimentary demand of the companys can be seen in the philosophy. The slogan is a tidy up start of