Preview (15 questions)
1 Question
30 seconds
Q.

When was Bank of America formed?


2000

1998

1995

1990

2 Question
30 seconds
Q.

 What two banks merged to create Bank of America in 1998?


HSBC and Barclays

Wells Fargo and JPMorgan

NationsBank and Bank of America

Chase and Citibank

3 Question
30 seconds
Q.

 Approximately what percentage of all American bank deposits does Bank of America serve?


5 percent

20 percent

15 percent

10 percent

4 Question
30 seconds
Q.

 Which bank can be traced back to 1784 as the oldest branch of the Bank of America franchise?


NationsBank

Banca d'America e d'Italia

Massachusetts Bank

Bank of Italy

5 Question
30 seconds
Q.

 What landmark federal banking legislation in the 1950s contributed to Bank America's rapid growth?


National Bank Act

Financial Services Modernization Act

Glass-Steagall Act

Bank Holding Company Act

6 Question
30 seconds
Q.

Which historical bank is the eastern portion of the Bank of America franchise traced back to?


Commercial National Bank

Continental Illinois

Massachusetts Bank

FleetBoston

7 Question
30 seconds
Q.

How much in assets under management (AUM) does Bank of America Wealth Management handle as of the latest data?


US$1.081 trillion

US$1.5 trillion

US$750 billion

US$500 billion

8 Question
30 seconds
Q.

 What was the acquisition amount when NationsBank acquired BankAmerica in 1998?


$85 billion

$62 billion

$50 billion

$75 billion

9 Question
30 seconds
Q.

 Which bank acquired BankAmerica in 1998, leading to the formation of the Bank of America Corporation?


Wells Fargo

Citigroup

JPMorgan Chase

NationsBank

10 Question
30 seconds
Q.

 What major antitrust action in 1953 led to the separation of Transamerica Corporation and Bank of America?


Glass-Steagall Act

Sherman Antitrust Act

Bank Holding Company Act

Clayton Antitrust Act

11 Question
30 seconds
Q.

 When Bank of Los Angeles merged with Bank of Italy in 1928, who was the president of Bank of America?


Orra E. Monnette

Walter J. Haas

Charles E. Merrill

Amadeo Pietro Giannini

12 Question
30 seconds
Q.

Which corporation acquired stocks of various banks located in New York City and certain foreign countries in 1918?


Stockholders Auxiliary Corporation

Bank of Italy

Bank of America

Bancitaly Corporation

13 Question
30 seconds
Q.

 Who were the co-chairs of the newly formed Bank of America National Trust and Savings Association after the 1928 merger?


Charles E. Merrill and Hugh McColl

Orra E. Monnette and Walter J. Haas

Amadeo Pietro Giannini and Orra E. Monnette

Amadeo Pietro Giannini and Charles E. Merrill

14 Question
30 seconds
Q.

 In what year did Bank of America merge with FleetBoston?


2004

2012

2005

2008

15 Question
30 seconds
Q.

 Which bank did Commercial National Bank of Charlotte merge with in 1958 to become American Commercial Bank?


FleetBoston

American Trust Company

C&S/Sovran Corporation

Security National Bank