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Presented by- Brijesh Pulaiya	 M.B.A.(1st Year) D.M.S. Pondicherry University
“When it comes to the future, there are three kinds of people: those who let it happen, those who make it happen, and those who wonder what happened.” (John M. Richardson, Jr.)
Corporate History of Bank Of America ,[object Object],   Founded by- Amadeo Giannini ,[object Object]
In 1997, Bank of America was acquired by Nations Bank
the deal was structured as merger with Nations Bank renamed to Bank of America Corporation,[object Object]
Bank Profile ,[object Object]
Headquarter in Charlotte, North Carolina
Bank of America serves clients in more than 150 countries
one of the largest financial services company,[object Object]
Relationship with 83% of the Fortune Global 500 companies
Total Employee 171,587 (February 2009)
#1 Online and Mobile Banking,[object Object]
In 2006, Purchase of US Trust Company
In 2007, Acquisition of LaSalle Bank,[object Object]
InJanuary 1,2009 Merrill Lynch purchased by Bank of America Corporation
This acquisition made BAC the largest financial services company in the world,[object Object]
Where Customers Want and Need Us to Be  6,100 Banking Centers 5,000+ Affinity Groups 1M Users Can reach 75% wireless subscribers Customer 24M Active Online Users 18,500 ATMs 2.6B Contacts 22
Innovative Products and Services 23
Global Reach
Asia
US & Canada
Europe , Middle East & Africa
Historic levels of growth It took 100,000 years & 300 generations . . . ,[object Object]
Invention of money
The rise of the city and modern state
From invention of the steam engine to atomic power
From telephone to wireless telephony
From computer Generation 1 to Generation 5
The birth of democracy, common law, and market capitalization,[object Object]
Historic levels of growth ,[object Object]
700,000 new people join every day
Sometime in 2011 the 3 Billionth person will join the networked economy – roughly 50% of the worlds population,[object Object]
Total Asset
Revenue
Total Deposit
Total Shareholder’s Equity
Dividends Paid Per common Share
C O M P E T I T O R S

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Bank Of America