Yes, part of it. Not sure the percentage, but they do. And Saudi Arabia too. So, is Bank of America 75% American owned or is the majortiy owned by China?
The Jesuits do not own the Bank of America.
The Bank of China is one of the four state-owned commercial banks in the People's Repulic of China. Its revenue in 2011 was 413.10 billion renminbi, which is equivalent to $66.10 billion. The revenue in 2012 of the Bank of America was $83.33 billion. Therefore the Bank of America is richer than the Bank of China.
No.
Bank of America does not own Wells Fargo. Wells Fargo just bought Wachovia though.
No.
No
yes
The People's Bank Of China is actually the largest. In America, the largest People's Bank is located in Massachussets.
Top 5 banks by market capitalization (source: Bloomberg Feb. 2008) 1. Industrial and Commercial Bank of China, ICBC (China): $278 Billion 2. Bank of America, BoA (USA): $196 Billion* 3. HSBC Holdings (UK): $177 billion 4. China Construction Bank (China): $165 billion 5. Bank of China (China): $165 billion * As of Dec. 10, 2008, Bank of America's market capitalization had dropped to $76 billion
No, Chase Bank is owned by JPMorgan Chase & Co.
25%
No. BofA is owned by shareholders.