Bank of America

Bank of America is one of the four giant lenders that anchor the US financial system. It serves roughly a third of American households through its branches and apps, and it pairs that consumer bank with a large wealth-management arm in Merrill and a Wall Street investment bank. The mix means the company earns money from ordinary deposits and loans as well as from trading and dealmaking, so its results reflect the broader economy: interest rates set how much it makes on lending, while the credit cycle determines how many of those loans go bad. The current company came together through the 1998 merger that joined NationsBank with the older Bank of America, and it is headquartered in Charlotte, North Carolina. It ranks as the second-largest US bank behind JPMorgan, and the stock is a classic bet on rates and the health of the consumer.

On MyRWA, BAC trades tokenized across 14 on-chain venues - see the listings below.