Summary
Bank of America is one of the largest financial companies in the world. The company is primarily a US retail and commercial bank, with a network of more than 4,000 branches across much of the country. The acquisition of MBNA in 2005 made Bank of America the country'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. Country Procurement 2008