Category: Credit

Bank of America Corporation



Bank of America is one of the largest financial institutions in the United States, with more than $2.3 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America’s consumer-facing lines of business include its network of branches and deposit-gathering operations, home mortgage lending, vehicle lending, credit and debit cards, and small-business services.

The company’s Merrill Lynch operations provide brokerage and wealth management services, as does U.S. Trust private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries.

The Bank of America Corporation is an American multinational investment bank and financial services company based in Charlotte, North Carolina, with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Bank of America was formed through NationsBank’s acquisition of BankAmerica in 1998

Qudian Inc.



Having access to Alipay was not final, losing it was not fatal.

Re-focusing on micro-lending after winding down the loss-making auto business helps improve profitability.

The new open-platform initiative has started bearing fruit.

Qudian (NYSE:QD) is a leading provider of online small consumer credit in China. The company uses technology to make cash credit products accessible to young consumers in China, who are under-served by traditional