Bank of America 2008 Annual Report Download - page 13

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Bank of America 2008 11
Bank of America Today
In these challenging economic times, Bank of America remains committed to serving our customers and building
a diversified foundation for growth. With our acquisitions of Countrywide and Merrill Lynch, we now have lead-
ing positions in the four cornerstone products of a consumer relationship — deposits, credit and debit cards,
mortgages and investments — as well as industry-leading positions in commercial lending, treasury manage-
ment, capital raising, advisory services, and institutional sales and trading. As markets improve, we believe we
are uniquely positioned to deliver value, deepen customer relationships and generate profitable revenue growth.
Industry-Leading Positions
Global
Consumer
& Small
Business
Banking
Global
Wealth &
Investment
Management
Global
Corporate
& Investment
Banking
Note: Data is for the year ended December 31, 2008, unless otherwise noted. Capital markets and investment banking services provided by Banc of America Securities LLC, Merrill Lynch,
Pierce, Fenner & Smith Incorporated and certain other affi liates of Bank of America Corporation.
*Denotes Bank of America and Merrill Lynch data, presented on a combined, pro forma basis as of December 31, 2008 (Bank of America acquired Merrill Lynch on January 1, 2009).
**Volume data per Dealogic. Equity and Debt volume credit apportioned equally among bookrunners, including self-issuance. M&A volume refl ects full credit to eligible advisors, including
self-mandated transactions.
More than 6,100 banking centers and
nearly 18,700 ATMs, as well as leading
online and mobile banking platforms
National Distribution
No. 1 globally in total equity raised;
No. 2 globally in total debt raised;
Top 5 global M&A advisor by volume**
Investment Banking*
One of the world’s largest wealth
management fi rms, with more than
18,000 fi nancial advisors
Financial Advisors*
Footprint covers more than 44% of
the country’s wealthy households
Client Relationships*
A leading commercial lender, with
total corporate year-end committed
credit of $805 billion
Commercial Lending
Leading U.S. depository bank, with
$393 billion in GCSBB deposits and
$883 billion in total consolidated deposits
Deposits
No. 1 mortgage originator and No. 1
mortgage servicer in the United States
Mortgages
Treasury Management relationships with
more than 90% of the U.S. Fortune 1,000
and 70% of the Fortune Global 500
Treasury Services
More than $1.8 trillion in total
client assets
Total Client Assets*
Worldwide leader in card issuance, with
$182 billion in managed consumer
credit card loans outstanding
Credit Cards
A leading market maker in equities and
fi xed income products serving corpora-
tions and institutional investors globally
Global Markets
A leader in wealth management, invest-
ment and retirement services, with about
700 offi ces in more than 40 countries
Wealth Management*