FIA Bank Of America

Hi buddy here I have come to collect info related to FIA Bank Of America, so will you plz let me know about the same , if you have nay info of this ??

Bank of America Corporation is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina.

As you asking here I am telling FIA is Bank of America & MBNA Card Services Combined. When Bank of America acquired MBNA in 2005, the credit card servicing portion of the business was renamed to FIA (“Financial Institutions Association”) Card Services.


Bank profile:
Type Public company
Traded as NYSE: BAC
S&P 100 Component
S&P 500 Component
ISIN US0605051046
Industry Banking, Financial services
Predecessor Bank America
NationsBank
Founded October 17, 1904; 113 years ago (as Bank of Italy)
February 1930; 87 years ago (as Bank of America)
October 2000; 17 years ago (current)
Founder Amadeo Giannini
Headquarters Charlotte, North Carolina, U.S.
Number of locations 4,600 retail financial centers & approximately 15,900 automated teller machines[3]
Area served Worldwide
Key people Brian Moynihan
(Chairman and CEO)
Products Consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards,
Revenue US$89.701 billion (2016)
Net income US$17.906 billion (2016)
AUM US$886.148 billion (2016)
Total assets US$2.187 trillion (2016)
Total equity US$266.84 billion (2016)
Owner Berkshire Hathaway (7.09%)
Number of employees 208,000 (2016)
Divisions Bank of America Home Loans, Bank of America Merrill Lynch
Subsidiaries Merrill Lynch
Merrill Edge
U.S. Trust
Capital ratio 10.8% (2016)
Rating Long Term Senior
Moody's: Baa1 (10/2016)
S&P: BBB+ (10/2016)
Fitch: A (10/2016)

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