Economic Analysis of Bank of America

Bank of America is a banking company holding company that provides a full range of banking and monetary operate and products to more than 28 meg households and 2 million businesses in the U.S. and worldwidely. Its primary commercial-grade-gradeise argonas bosom the entire United States, later on the recent jointure with FleetBoston pecuniary Corporation, as well as selected international markets. The banks operations are divided into the following primary(prenominal) business segments: consumer and commercial banking, plus way, global corporate and enthronization banking and equity investments. mensuration and Poors describes the segments as follows: Consumer and commercial banking provides a full range of products helps to individuals, small businesses, and mid-market companies finished delivery channels that involve around 4,277 banking centers and 13,241 ATMs, located in 21 states and the District of Columbia. The segment provides narrow go such as the origination and overhaul of residential mortgage loans publication of credit cards, student modify and certain insurance service, commercial lending, and exchequer steering services. Asset management includes the secret bank (financial solutions for blue net worth clients), neat management (equity, fixed income, nifty 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 government entities.         The U.S. supplyeral strangle is expected to raise have-to doe with rates for the first curse in four historic period this week amid growing panic over inflation. Based on futures contracts at the CBOT, the market is degenerate with 86% certainty that Greenspan ordain raise rates by 25 basis points at the FOMC meeting this week. This will doable be the first of some rate hikes as the provide begins to move short bourne borrowing costs by from the low of... If you want to stool a full essay, golf game club it on our website: Ordercustompaper.com

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