Bank of America Private Bank
Bank of America Private Bank (formerly U.S. Trust) was founded in 1853 as the United States Trust Company of New York. It operated independently until 2000, when it was acquired by Charles Schwab, and Co. and subsequently sold to, and became a subsidiary of, Bank of America in 2007. Bank of America Private Bank provides investment management, wealth structuring, and credit and lending services to clients.
| Company type | Subsidiary |
|---|---|
| Industry | Private banking Wealth management |
| Founded | 1853 |
| Headquarters | New York City |
Number of locations | 100+ |
Area served | United States |
| Products | Financial services |
| Parent | Bank of America |
| Website | www |
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