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Bank of Acquisitions

Over the past decade, much of Bank of America's growth has come from acquisitions. Quarterly revenue has taken a hit in the economic slowdown of the past two years.

Over the past decade, much of Bank of America's growth has come from acquisitions.

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A fateful step for a banking giant
Article | When Bank of America agreed to buy Countrywide Financial for $4 billion in January 2008, the bank's chief executive, Kenneth D. Lewis, called it a "one-time opportunity."
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Bank of America still feeling drag from purchase of mortgage firm Countrywide
Article | When Bank of America agreed to buy Countrywide Financial for $4 billion in January 2008, the bank's chief executive, Kenneth D. Lewis, called it a "one-time opportunity."

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