SWOT Analysis,” p.4) 2. HISTORY I. BANK OF ITALY In October of 1904, Amadeo Giannini
Bank of America is an international and widely known banking and financial corporation. Its headquarters are located in Charlotte, North Carolina, and the Bank of America is the second largest bank holding company in the United States of America. A bank holding company is a company that owns and controls one or more banks, but does not necessarily take part in the act of banking itself. This gives it a greater range of flexibility that enables it to raise capital for itself more easier than a traditional
commercial bank to be open for public and was open five years before the first president, George Washington, was establish in office. The company provides loans, credit cards, consumer and business banking. Bank of America, was founded by Amadeo Peter Giannini and opened for business on July 5th, 1784. It was known as the Massachusetts Bank, which was signed by John Hancock for the bank’s charter providing authorization to operate, who was the Governor of Massachusetts at the time. Massachusetts