Friday, September 3, 2021

Basic timeline of Bank of America

This post is a basic timeline of Bank of America. There are 15 events listed below chronologically. Source: Wikipedia

  • Massachusetts Bank is founded (1784)
  • Commercial National Bank is founded (1874)
  • Bank of Italy is founded (1904)
  • Bank of America, Los Angeles is formed (1923)
  • Bank of Italy acquires Bank of America, Los Angeles (1928)
  • American Commercial Bank is formed in merger (1958)
  • North Carolina National Bank is formed in merger (1960)
  • NationsBank is formed in merger (1991)
  • NationsBank acquires Bank of America (1998)
  • Bank of America acquires FleetBoston (Massachusetts Bank) (2004)
  • Bank of America acquires LaSalle Bank Corporation (2007)
  • Bank of America acquires Countrywide Financial (2008)
  • Bank of America acquires Merrill Lynch & Co. (2008)
  • Troubled Asset Relief Program bailout (2009)
  • U.S. Justice Department fines Bank of America $17 billion (2014)