Economic Analysis of Bank of America

Bank of America is a bank holding familiarity that provides a full range of banking and financial operate and products to more than 28 million households and 2 million businesses in the U.S. and internationally. Its chief(a) commercialised-gradeise areas encompass the entire United States, after the recent labor union with FleetBoston Financial Corporation, as well as selected international markets. The banks trading operations are divided into the following main business segments: consumer and commercial banking, asset way, global corporate and investment banking and equity investments. standard and Poors describes the segments as follows: Consumer and commercial banking provides a wide range of products helps to individuals, thin businesses, and mid-market companies through delivery channels that include around 4,277 banking centers and 13,241 ATMs, fixed in 21 states and the District of Columbia. The segment provides narrow go such as the origination and serv icing of residential mortgage loans issuance of credit cards, student lending and certain indemnification portions, commercial lending, and treasury watchfulness services. Asset management includes the enigma bank (financial solutions for high net worth clients), detonator management (equity, fixed income, cash and alternative investments), and investment services (full service and discount brokerage services).

Global corporate and investment banking provides capital height products, trade finance, treasury management, capital markets, leasing and financial consultative services to domestic and international corporations, financial institutions and go! vernment entities.         The U.S. supplyeral seize is expected to raise interest rates for the first excoriate in four years this week amid growing misgiving over inflation. Based on futures contracts at the CBOT, the market is libertine with 86% certainty that Greenspan will raise rates by 25 basis points at the FOMC meeting this week. This will feasible be the first of many rate hikes as the cater begins to move short term borrowing costs by from the low of... If you want to get a full essay, golf club it on our website: BestEssayCheap.com

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