Bank of America

…

…Carolina National Bank Corporation. During the 1980s the company began to acquire out-of-state banks in the southern United States. In 1991 it changed its name to NationsBank. During the 1990s the company began to diversify its holdings and bought companies that provided other financial services, such as Montgomery Securities, an investment firm based in San Francisco, California. In 1998 federal regulators approved the merger of NationsBank and BankAmerica to form a combined company worth $570 billion in assets.