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<p align="justify">Bank of America is one of the world&#8217;s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations.&#160; It is the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization. The company serves clients in more than 150 countries and has a relationship with 99% of the U.S. Fortune 500 companies and 83% of the Fortune Global 500. The SWOT Analysis of the company is given below: </p>
<h3>&#160;</h3>
<h3>Strengths</h3>
<p> &#160;</p>
<ol>
<li>
<div align="justify">Bank of America has great brand image, superior customer service and high customer satisfaction.</div>
</li>
<li>
<div align="justify">It has diversified variety of financial services and products along with strong internet banking presence.</div>
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<li>
<div align="justify">Bank of America is the biggest bank holding corporation in the U.S. by assets, and the second biggest bank company by market capitalization. </div>
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<li>
<div align="justify">Bank of America is a part of both DJIA and S&;P 500 index.</div>
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<div align="justify">Bank of America has a strong global presence. Due to various acquisitions, mergers, and joint ventures the institution has a strong position and presence in domestic market.</div>
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<div align="justify">Small Business Banking and Global Consumer is the biggest division in the corporation, and the company mainly deals with credit card issuance and consumer banking.</div>
</li>
<li>
<div align="justify">Bank of America is the second biggest non-oil company in the United States.</div>
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<div align="justify">In 2008, it acquired Merrill Lynch and became the globe&#8217;s largest wealth manager and main company in the investment banking business.</div>
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<li>
<div align="justify">As of August 2009, Bank of America grasped 12.2 percent of all United States deposits.</div>
</li>
<li>
<div align="justify">In 2010, Bank of America was considered as fifth largest corporation in the U.S. by total revenue.</div>
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<li>
<div align="justify">Bank of America is listed as the third largest corporation in the globe by Forbes 2010. </div>
</li>
</ol>
<h3>&#160;</h3>
<h3>&#160;</h3>
<h3>Weaknesses</h3>
<p> &#160;</p>
<ol>
<li>
<div align="justify">Bank of America has clients base over 150 countries but generates 90 percent of its sales in its national market and just 10% internationally.</div>
</li>
<li>
<div align="justify">Mismanagement of Federal Bailout and management dilemmas result in the resign of its six directors and formation of a regulatory collision office. </div>
</li>
<li>
<div align="justify">Bank of America is criticized by its customers for raising the interest rates.&#160;&#160;
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</li>
<li>
<div align="justify">The bank has been criticized for allegedly snatching three properties that were not below their ownership or rights, actually because of incorrect addresses on their authorized documents.
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<h3>&#160;</h3>
<h3>&#160;</h3>
</li>
</ol>
<p>&#160;
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