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Bank of America is an American multinational banking and Financial services corporation headquartered in Charlotte, North Carolina. It is the second-largest bank holding company in the United States by assets. The bank's 2008 acquisition of Merrill Lynch made Bank of America the world's largest wealth management corporation and a major player in the investment banking market. Bank of America is one of the world's largest Financial institutions, serving individual consumers, small, middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other Financial and risk management products and services.