Economic Analysis of Bank of America

Bank of America is a bank holding caller-out that provides a full range of banking and financial operate and products to more than than 28 million households and 2 million businesses in the U.S. and internationally. Its uncomplicated technical-gradeise areas encompass the entire United States, after the recent brotherhood with FleetBoston Financial Corporation, as well as selected international markets. The banks trading operations are divided into the following main business segments: consumer and commercial banking, asset way, global corporate and investment banking and equity investments. quantity and Poors describes the segments as follows: Consumer and commercial banking provides a wide range of products helps to individuals, vitiated businesses, and mid-market companies through delivery channels that include 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 originatio n and servicing of residential mortgage loans issuance of credit cards, student lending and certain damages serves, commercial lending, and treasury concern services. Asset management includes the hugger-mugger bank (financial solutions for high net worth clients), upper-case letter management (equity, fixed income, cash 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 informative services to domestic and international corporations, financial institutions and government entit! ies.         The U.S. supplyeral defend is expected to raise interest rates for the first prison term in four years this week amid growing disquietude over inflation. Based on futures contracts at the CBOT, the market is truehearted with 86% certainty that Greenspan will raise rates by 25 basis points at the FOMC meeting this week. This will thinkable be the first of many rate hikes as the provide begins to move short term borrowing costs by from the low of... If you want to get a full essay, play club it on our website: BestEssayCheap.com

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