'''Bank of America''' tops the list of the world’s largest banks.<ref>[http://www.ft.com/cms/s/2/b6bccf26-8382-11df-8451-00144feabdc0,dwp_uuid=590f3c26-4564-11da-981b-00000e2511c8.html “The Banker top 1000,”] The Financial Times, June 30, 2010</ref> As of June 2010, the bank had $2.37 trillion in assets.<ref>[http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx “To 50 Bank Holding Companies,”] Federal Reserve, June 6, 2010.</ref> It has the most extensive branch network in the US, being located in 30 states, and is the country’s biggest lender. By acquiring [[Merrill Lynch]] in 2009, Bank of America became the world’s largest brokerage firm. <ref>[http://www.businessweek.com/news/2010-07-14/merrill-ubs-sued-by-schwab-over-mortgage-backed-securities.html “Merrill, UBS Sued by Schwab Over Mortgage-Backed Securities,”] Bloomberg News Service, July 14, 2010.</ref>
=Controversies=
==Contribution to Financial Crisis==