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Thomson Financial Business Description:
| The Group's principal activity is to provide banking and certain non-banking financial services and products both domestically and internationally. It operates in three segments: Global Consumer and Small Business Banking (GCSBB), Global Corporate and Investment Banking (GCIB) and Global Wealth and Investment management (GWIM). These segments provide services include deposit products, lending loans, investment banking, capital markets, and leasing and financial advisory services. It operates in 50 states and the District of Columbia through its network of 6,000 banking centers, 18,000 ATMs located in 40 countries. The operations are carried out in the United States, Asia, Europe, Middle East, Africa, Mexico and Latin America. 01-Jul-2008 it acquired Countrywide Financial Corporation and LaSalle Bank and on 01-Jan-2009, acquired Merrill Lynch & Co., Inc. |
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