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Bank of America Corporation and Subsidiaries

Bank of America Corporation and Subsidiaries 2025

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The 2000 Summary Annual Report for Bank of America Corporation outlines the company's financial performance, strategic initiatives, and future outlook. It highlights a slight increase in operating earnings per share, despite challenges such as higher credit costs and sluggish revenue growth due to economic conditions. The report emphasizes the bank's commitment to customer relationships, internal growth strategies, and community development while detailing significant investments in technology and service improvements. The transition from a merger-focused approach to a customer-centric model is underscored, with plans for continued expansion in key business segments like Asset Management and Card Services.

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What companies are part of ?

Affiliate Companies , including: , N.A. Corporation. BofA Securities, Inc. BofA Securities Primes, Inc. Private . U.S. Trust Company of Delaware.

Who else owns ?

is a publicly held company owned by shareholders. Institutional investors own about 59% of its shares. The largest shareholder is Warren Buffetts Berkshire Hathaway, which owns about 13% of the shares.

What company did merge with?

In 2004, announced it would purchase Boston-based bank FleetBoston Financial for $47 billion in cash and stock. By merging with , all of its banks and branches were given the logo.

Is Charles Schwab a subsidiary of ?

Charles Schwab and U.S. Trust was acquired in May 2000 for $2.7 billion in stock, making it a wholly owned subsidiary of Charles Schwab Co.

How much of does China own?

Is Partly Owned by China? No, is not partly owned by China. It is an American bank. The bank did have a partnership with China Construction Bank and owned a stake in the Chinese entity, which it has since sold and no longer owns.