Bank of America Grows in Europe

Freed, Dan
January 2007
Investment Dealers' Digest;1/8/2007, Vol. 73 Issue 1, p10
Trade Publication
The article reports on the intention of North Carolina-based Bank of America Corp. to build an investment banking and capital market business in Europe. Business observers argue that the bank will have to rely on acquisitions to get the job done. On the retail side, the bank has not been explicit about the degree to which it is interested in expanding abroad. Some claim that the company has been xenophobic to date as few attempts to capture international business have failed to impress.


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