New Report Available: Bank of America Corp in Consumer Finance (World)
Bank of America is the second largest bank in the US by total assets and card payment value. The bank has been plagued by litigation surrounding its consumer lending practices and acquired companies during the financial crisis. In 2011, the bank returned to profitability, but only through the sale of valuable overseas assets. In 2012 and 2013, the bank has continued moves to consolidate its business segments and its geographic focus.
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