Bank of America Corporation (abbreviated as BoA) is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina. It is ranked 2nd on the list of largest banks in the United States by assets.[4] As of 2016, Bank of America was the 26th largest company in the United States by total revenue. In 2016, it was ranked #11 on the Forbes Magazine Global 2000 list of largest companies in the world.[5]

Its acquisition of Merrill Lynch in 2008 made it the world's largest wealth management corporation and a major player in the investment banking market.[6] As of December 31, 2016, it had US$886.148 billion in assets under management (AUM).[3]

Bank of America set forth to design new retail stores that could showcase their acquisitions as well as provide a space for its users to engage with their employees in a more personal way.