Bank of America Corporation CDR (BOFA)

Profile

https://www.bankofamerica.com

Bank of America Corporation CDR is a Canadian Depositary Receipt providing hedged exposure to Bank of America Corporation, one of the largest financial institutions in the United States. Bank of America Corporation delivers a broad spectrum of banking and financial services through four primary segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. Consumer Banking encompasses deposit accounts including checking, savings, certificates of deposit, and IRAs; credit and debit cards; and lending products such as residential mortgages, home equity loans, and consumer loans for autos and personal needs. Global Wealth & Investment Management offers brokerage, investment management, banking, trust, retirement services, and customized wealth solutions. Global Banking provides commercial loans, leases, trade finance, treasury management, merchant services, debt and equity underwriting, and advisory services. Global Markets delivers market-making, financing, securities clearing, risk management using derivatives, foreign exchange, fixed-income, and equity products. Founded in 1784 and headquartered in Charlotte, North Carolina, Bank of America Corporation primarily focuses on U.S. operations while serving clients worldwide including individuals, small businesses, corporations, institutional investors, and governments.