bank of america

The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina

The bank was founded in San Francisco and took its present form when NationsBank of Charlotte acquired it in 1998

It is the second-largest banking institution in the United States after JPMorgan Chase, and the eighth-largest bank in the world

The Bank of America name first appeared in 1923, with the formation of Bank of America, Los Angeles In 1928, it was acquired by Bank of Italy of San Francisco, which took the Bank of America name two years later

bank of america history 

The eastern portion of the Bank of America franchise can be traced to 1784, when Massachusetts Bank was chartered, the first federally chartered joint-stock owned bank in the United States and only the second bank to receive a charter in the United States