Bank of America

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Revision as of 18:18, 26 June 2020 by >JoniAlt
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Bank Of America

The Bank of America Corporation (abbreviated as BofA) is a multinational investment bank and financial services company headquartered in New York City, at one of the city's tallest towers, 40 Wall Street.

About

Foundation

Bank of America was founded on August 3rd, 2019.

After Bank of America foundation, it was based on Newark, New Jersey, by JoniAlt and Bigred914, Joni's share was 55%, and Bigred's 45%.

The first mutual fund, simply named "F1M", Bank of America opened in early August, with a total buying power of 120G, it was invested in the EMCSE, with a final value of around 200G, the fund was dissolved and the bank bought back the stocks from the investors.

On October 24, JoniAlt purchased from Bigred his shares in BofA and became the full owner of it.

today the bank is under the control of JoniAlt, holding 98%.

New financial services

On the same day, the new service of investment advising was introduced, offering professional advising about general investments and options.

On January 17th, 2020, the new branch of Standard & Poor's was introduced, offering new financial services that were never introduced before in EMC.

BofA has introduced more services during early 2020 and is still fully operating.

Bank of America shares are traded in NASDAQ under the symbol "BOFA", currently there are only two public shares.