Abstract
Bank of America is one of the largest financial companies in the world. The company is primarily an American retail and commercial bank, with a network of more than 4,000 branches across most of the country. The acquisition of MBNA in 2005 made Bank of America the largest credit card lender in the country. As such, trends in consumer interest rates, employment, income growth and borrowing patterns pose a significant risk to a company’s earnings. Acquisition of Country in 2008
