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Here at FxPro, we’re delighted to offer our clients the opportunity to invest in Bank of America Corp, through our CFDs Product. This is a financial conglomerate that provides a wide range of services to individuals and legal entities.
According to the official open sources, the company’s history began in 1998. Headquarters is located in Charlotte, USA.
The largest banking holding company in America, in terms of assets. Included in the Top-4 major US financial conglomerates, along with Citigroup, Wells Fargo, and JPMorgan Chase. In 2018, the bank took the 6th place through the largest companies in the world, according to Forbes.
By the end of 2018, Bank of America Corp has issued 9.64 billion shares. In April 2019, their market capitalization was $291 billion. 69.41% of the total number of shares belong to the institutional investors.
Bank of America Corp consists of several lines of businesses. Consumer Banking is responsible for customer savings accounts and consumer lending.
Global Wealth & Investment Management consists of two subsidiaries: Merrill Lynch Global Wealth Management and U.S. Trust, both manage the VIP customers’ assets. Global Banking is engaged in the large corporations, companies and non-profit organizations servicing. Global Markets line is responsible for trading on stock, currency and commodity exchanges. “All Other” Department is engaged in low-quality mortgage loans.
Today this brand is listed on the NYSE and its name is firmly established in our life.
Bank of America Corp stock price is subject to the observations of many traders in the world. At the beginning of 2019, Bank of America Corp share price was 24,9 USD.
Among the reasons to keep a close eye to the CFDs on Bank of America Corp securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at the Bank of America Corp share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).
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