is bank of america owned by the government
Bank of America Corporation (abbreviated as BofA) is an American multinational financial services company headquartered in Charlotte, North Carolina. It was formed through NationsBank's acquisition of BankAmerica in 1998. It is ranked 2nd on the list of largest banks in the United States by assets. As of 2016, Bank of America was the 26th largest company in the United States by total revenue. It was ranked #11, #7 and #6 in the year 2016, 2017 and 2018 respectively on the Forbes Magazine Global 2000 list of largest companies in the world.
Bank of America