Bank of America
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Bank of America
The Bank of America Corporation is an American multinational investment
bank and financial services holding company headquartered at the Bank of
America Corporate Center in Charlotte, North Carolina, with investment
banking and auxiliary headquarters in Manhattan. The bank was founded in
San Francisco, California. It is the second-largest banking institution
in the United States, after JPMorgan Chase, and the second-largest bank
in the world by market capitalization. Bank of America is one of the
Big Four banking institutions of the United States.
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It serves approximately 10.73% of all American bank deposits, in direct
competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its
primary financial services revolve around commercial banking, wealth
management, and investment banking. One branch of its history stretches
back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini
in 1904, which provided various banking options to Italian immigrants
who faced service discrimination. Originally headquartered in San
Francisco, California, Giannini acquired Banca d'America e d'Italia in
1922.
CEO
Brian Moynihan
FOUNDED
Sep 30, 1998
EMPLOYEES
217,000
Lloyds
Lloyds Banking Group is a British financial institution formed through
the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's
largest financial services organisations, with 30 million customers and
65,000 employees. Lloyds Bank was founded in 1765 but the wider Group's
heritage extends over 320 years, dating back to the founding of the Bank
of Scotland by the Parliament of Scotland in 1695. The Group's
headquarters are located at 25 Gresham Street in the City of London,
while its registered office is on The Mound in Edinburgh. It also
operates office sites in Birmingham, Bristol, West Yorkshire and
Glasgow. The Group also has extensive overseas operations in the US,
Europe, the Middle East and Asia. Its headquarters for business in the
European Union is in Berlin, Germany. The business operates under a
number of distinct brands, including Lloyds Bank, Halifax, Bank of
Scotland and Scottish Widows. Former Chief Executive António
Horta-Osório told The Banker, "We will keep the different brands because
the customers are very different in terms of attitude". Lloyds Banking
Group is listed on the London Stock Exchange and is a constituent of the
FTSE 100 Index.
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FOUNDED
Jan 19, 2009
HEADQUARTERS
London, Greater London
United Kingdom
EMPLOYEES
59,354