Bank of America Corp (All Sessions)
Bank of America Corporation, along with its subsidiaries, form one of the United States’ largest commercial banks, with its headquarters located in Charlotte, North Carolina.
Bank of America Corporation's retail banking arm serves roughly 46 million consumers and small businesses through approximately 4,600 banking locations as well as around 15,900 automated teller machines (ATMs). The bank operates in all 50 U.S. states and additionally in over 40 countries across the world.
Bank of America Corporation is a full-service bank offering corporate, individual, private and investment banking services to clients, as well as mortgage loans, insurance, private equity, wealth management and credit cards. The company also provides both private and institutional clients access to the financial markets which includes equity, foreign exchange, debt and commodity markets.
The company's stock trades actively on the New York Stock Exchange (NYSE) as BAC and it is a component of the S&P 100 and 500 indices. CFDs on the stock trade in all sessions.
Bank of America Corp Market Influences
Inflation may affect the share price of Bank of America Corporation, making consumers more willing to invest in other financial products that have higher rate of return as well affecting the fiscal policy and monetary policy. Share price is influenced by a variety of factors, including inflation and exchange rates, market sentiment, changes in governmental and economic policy, international politics and world crises, and internal developments within the company.