Much of the battery supply chain isn’t built, challenging an industry aiming to sell tens of millions of EVs in coming years, RJ Scaringe says. Read More...
Argus Research
Analyst Report: Bank Of America Corp.
Bank of America is one of the largest financial companies in the world. The company is primarily a U.S. retail and commercial bank, with a network of more than 4,000 branches across much of the country. The 2005 acquisition of MBNA made Bank of America the nation’s largest credit-card lender. As such, trends in consumer interest rates, employment, income growth and borrowing patterns represent a significant risk to the company’s earnings. The 2008 acquisition of Countrywide made BofA the country’s largest mortgage company as well. BofA became a top-tier securities firm and retail broker with the acquisition of Merrill Lynch.
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