Summary

Bank of America is one in all the most important financial firms on the planet. The corporate is primarily a U.S. retail and industrial bank, with a network of greater than 4,000 branches across much of the country. The 2005 acquisition of MBNA made Bank of America the nation’s largest credit-card lender. As such, trends in consumer rates of interest, employment, income growth and borrowing patterns represent a major risk to the corporate’s earnings. The 2008 acquisition of Country