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Bank of America Corporation (BAC)

On Nov 23: 16.29 USD   0.00 (0.00%)  
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Bank of America Corporation
100 North Tryon Street
Bank Of America Corporate Center
Charlotte, NC 28255
Phone: 704-386-5681
Fax: 704-386-6699
Web Site: http://www.bankofamerica.com

DETAILS
Index Membership: S&P 100
S&P 500
S&P 1500 Super Comp
Sector: Financial
Industry: Money Center Banks
Employees (last reported count): 209,718

BUSINESS SUMMARY
Bank of America Corporation, a financial holding company, provides banking and nonbanking financial services in the United States and internationally. The company's Global Consumer and Small Business Banking segment offers savings accounts, money market savings accounts, certificate of deposits, individual retirement accounts, and regular and interest-checking accounts; consumer cards, business cards, debit cards, international cards, and merchant services; mortgage products for home purchase and refinancing needs; insurance services; and lines of credit and home equity loans. Bank of America's Global Corporate and Investment Banking segment provides commercial and corporate bank loans, indirect consumer loans, commitment facilities, real estate lending products, and leasing and asset-based lending products for banking clients, middle market commercial clients, multinational corporate clients, public and private developers, homebuilders, and commercial real estate firms; advisory services, financing, and related products for institutional investor clients in support of their investing and trading activities; debt and equity underwriting, merger-related advisory services, and risk management solutions; and treasury management, trade finance, foreign exchange, short-term credit facilities, and short-term investing options for correspondent banks, commercial real estate firms, and governments. The company's Global Wealth and Investment Management segment offers investment and brokerage services, estate management, financial planning services, fiduciary management, credit and banking expertise, and diversified asset management products to institutional clients and high-net-worth individuals. As of September 26, 2007, the company operated approximately 5,700 retail banking offices and 17,000 automated teller machines. Bank of America was founded in 1874 and is headquartered in Charlotte, North Carolina.
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    OFFICERS
      Pay Exercised
    Mr. Kenneth D. Lewis , 60
    Exec. Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee, Chief Exec. Officer of Bank of America NA, Pres of Bank of America NA and Chairman-Bank of America N A
    $ 8.00M $ 77.04M
    Ms. Barbara J. Desoer , 55
    Chief Operations Officer, Chief Technology Exec., Head of Global Technology, Service & Fulfillment Exec., Pres of Consumer Products, Pres of Consumer Products - Bank of America N A of Bank of America N A
    $ 4.38M $ 582.00K
    Mr. R. Eugene Taylor , 60
    Vice Chairman, Pres of Global Bus. & Financial Services of Bank of America N A of Bank of America N A
    $ 4.47M $ 3.26M
    Ms. Amy Woods Brinkley , 52
    Global Risk Exec., Chief Risk Officer of Bank of America N A of Bank of America N A
    $ 4.25M $ 3.51M
    Mr. Liam E. McGee , 53
    Pres of Global Consumer & Small Bus. Banking
    $ 4.68M $ 1.90M
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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