Business Policy and Strategy SWOT Analysis

Business Policy and Strategy SWOT Analysis
The Bank of America opened its doors ready for business in 1784. It was named Massachusetts Bank and later changed to Bank of America in 1998 creating the first coast-to-coast banking franchise. The headquarters of Bank of America is today in Charlotte, North Carolina. The total asset of this bank is more than $2.5 billion. Bank of America is ranked position two in the United States regarding the number of workers (James, & James, 2003). As at 2016, the Bank of America was declared as the largest wealth management all over the world. Currently, this bank is serving more than 6,000 banking centers and exceeding 18,000 ATM’s lobbies serving its clients in more than 150 countries.

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