How much money do bank of america employees make

Assistant General Counsel. Human Resources. Carlos Ghosn: Rumors about my escape are inaccurate. Vice President of Finance. Bank of America BAC said Monday it would raise its minimum wage for its more than , US employees by the end of the first quarter of

49. Brian T. Moynihan: Bank of America

Hw you’re a current or prospective investor in Bank of America NYSE:BACone of the most important things you should probably know is how the nation’s second-biggest bank by assets makes money. The answer to this question seems obvious, but there’s more to it than meets the eye. To start out with, as a bank, Bank of America takes deposits and lends out money, pocketing the difference between its cost of funds and its yield on earning assets. The rest comes from a variety of noninterest income sources — things like credit card interchange income, account maintenance and overdraft fees, and investment banking revenue, among other things. Bank of America is a universal bankmeaning that it runs both investment and commercial banking businesses, as well as one of the world’s largest wealth management companies, Merrill Lynch.

Compare Employers

That would make Walmart the 12th biggest country in the world, if it were a country. Looking at how much money Walmart actually makes in a year in terms of all income, the numbers are a lot harder to fit into the human mind. Walmart takes a lot of flak for not paying its employees enough, but does it really deserve its reputation for low pay? That means Walmart workers make So the answer is, yes, Walmart employees are at the bottom of the retail heap nationwide. Some stores pay workers significantly less, but the majority of stores pay a lot more.

50. Rich Williams: Groupon

Relationship Banker. Most Reported. Center Manager. Corporate Recruiter. To filter salaries, Sign In or Register.