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Bank of America is headquartered in Charlotte, North Carolina. It was formed through NationsBank’s acquisition of BankAmerica in 1998.
To gain a strong position in the wealth-management business, Bank of America in 2007 acquired United States Trust Corporation, an investment firm that manages investments for high-net-worth individuals.
In January 2009 Bank of America announced that it would receive $20 billion in United States government aid and an additional $118 billion in guarantees against bad assets incurred as a result of the acquisition of Merrill Lynch.
In 2012 it agreed to pay $2.43 billion to settle a class-action suit involving allegations that the company had failed to disclose to investors the true financial health of Merrill Lynch.
In 2013 the United States government sued Bank of America for financial fraud, and the following year the company agreed to pay $16.65 billion.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| SRG | 1963 | $410,000 | 10 | 3 |
| Bennington State Bank | 1887 | $9.7M | 77 | 6 |
| JD Rush | 1933 | $111.0M | 100 | - |
| Purdue Federal Credit Union | 1969 | $21.4M | 300 | - |
| Talley's | 1989 | $1.6M | 30 | - |
| Crv | 1970 | $2.0M | 21 | - |
| Consolidated Solutions | 1984 | $25.0M | 100 | - |
| Square 1 Art | 2000 | $17.5B | 90 | - |
| Crayola | 1885 | - | 2,000 | 14 |
| Presco | 1978 | $4.0M | 125 | 2 |
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BANA Holding Corp may also be known as or be related to BANA Holding, BANA Holding Corp and BANA Holding Corporation.