One of the country’s largest banks by assets and branches, Bank of America also provides credit cards, asset management, and other money-related services.
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BAC and USB will be two of the financial companies that come out of the current mess (9/2008) with more than what they started with. There is a fire sale and BAC is cleaning up right now - Countrywide and Merrill will be the first two. I am sure there will be more to follow.