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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)