HDFC BANK We Understand Your World HDFC BANK LTD. Type: Public Traded as: BSE , NSE, NYSE , NASDAQ Industry: Banking & Financial Services Founded: August 1994 Headquaters:Mumbai Area served: Worldwide Key people: Aditya Puri (MD) Products: Finance and insurance Investment Banking Commercial Banking Retail Banking Private Banking Asset Management Mortgages & Credit Cards About the company… Revenue: $4.476 billion (2010) Profit : $545 million (2010) Total Assets: $53.670 billion (2010) Employees : 51,888 (2010) It is one of the Big Four banks of India, along with State Bank of India, ICICI Bank and Punjab National Bank—its main competitors. network 1725 branches & 5000 ATM’s in the 780 cities in India. All branches are OLRT connected 16 branches in Middle east, 6 in Africa & Representative offices in Hong Kong, NewYork, London & Singapore. Achievements HDFC Bank merged with TIMES BANK in2000. HDFC Bank wins the Asian Banker Best Retail Bank in India Award2008 for outstanding performance. HDFC Bank chosen as one of Asia Pacific’s best 50 companies by Forbes magazine. Best Bank in the Private Sector2008. HDFC Bank ties up with Qatar National Bank. HDFC Bank merged with CENTURION BANK OF PUNJAB in2007. BANK of AMERICA Higher Standards Bank of America Type: Public Traded as: NYSE: BAC, TYO: 8648 Dow Jones Industrial Average Component, S&P 500 Component Industry: Banking , investment & Financial Services Founded: 1998 (as Bank of America Corp.) Headquaters:Charlotte, North Carolina Area served: Worldwide Key people: Charles O. Holliday(Chairman) Brian Moynihan(President and CEO) Products: Finance and insurance Investment Banking Commercial Banking Retail Banking Private Banking Asset Management Mortgages & Credit Cards About the company… Revenue: US$ 134.194 billion (2010) Net Income:US$ 2.238 billion (2010 Total Assets: US$ 2.264 trillion (2010) Employees: 288,000 (2010) The company holds 12.2% of all U.S. deposits, as of August 2009, and is one of the Big Four banks of the United States, along with Citigroup , JPMorgan ,Chase and Wells Fargo—its main competitors Bank of America Corporation is an American global financial services company, the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization. Bank of America serves clients in more than 150 countries and has a relationship with 99% of the U.S. Fortune 500 companies and 83% of the Fortune Global 500. Bank of America is the 5th largest company in the United States by total revenue,as well as the second largest non-oil company in the U.S. (after Wal- Mart). In 2010, Forbes listed Bank of America as the 3rd "best" large company in the world. The bank's 2008 acquisition of Merrill Lynch made Bank of America the world's largest wealth manager and a major player in the investment banking industry.
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