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American International Group and Bank of America

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between American International Group and Bank of America

American International Group vs. Bank of America

American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. Bank of America Corporation (abbreviated as BofA) is an American multinational financial services company headquartered in Charlotte, North Carolina.

Similarities between American International Group and Bank of America

American International Group and Bank of America have 16 things in common (in Unionpedia): American International Group, Chief executive officer, Financial crisis of 2007–2008, Financial services, Insurance, Merrill Lynch, Public company, S&P 100, S&P 500 Index, The New York Times, The Wall Street Journal, Troubled Asset Relief Program, U.S. Securities and Exchange Commission, Underwriting, United States Department of Justice, United States dollar.

American International Group

American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.

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Chief executive officer

Chief executive officer (CEO) is the position of the most senior corporate officer, executive, administrator, or other leader in charge of managing an organization especially an independent legal entity such as a company or nonprofit institution.

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Financial crisis of 2007–2008

The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.

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Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises.

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Insurance

Insurance is a means of protection from financial loss.

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Merrill Lynch

Merrill Lynch Wealth Management is a wealth management division of Bank of America.

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Public company

A public company, publicly traded company, publicly held company, publicly listed company, or public corporation is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets.

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S&P 100

The S&P 100 Index is a stock market index of United States stocks maintained by Standard & Poor's.

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S&P 500 Index

The Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

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The New York Times

The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership.

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The Wall Street Journal

The Wall Street Journal is a U.S. business-focused, English-language international daily newspaper based in New York City.

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Troubled Asset Relief Program

The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was signed into law by President George W. Bush on October 3, 2008.

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U.S. Securities and Exchange Commission

The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government.

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Underwriting

Underwriting services are provided by some large specialist financial institutions, such as banks, insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee.

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United States Department of Justice

The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the U.S. government, responsible for the enforcement of the law and administration of justice in the United States, equivalent to the justice or interior ministries of other countries. The department was formed in 1870 during the Ulysses S. Grant administration. The Department of Justice administers several federal law enforcement agencies including the Federal Bureau of Investigation (FBI), and the Drug Enforcement Administration (DEA). The department is responsible for investigating instances of financial fraud, representing the United States government in legal matters (such as in cases before the Supreme Court), and running the federal prison system. The department is also responsible for reviewing the conduct of local law enforcement as directed by the Violent Crime Control and Law Enforcement Act of 1994. The department is headed by the United States Attorney General, who is nominated by the President and confirmed by the Senate and is a member of the Cabinet. The current Attorney General is Jeff Sessions.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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The list above answers the following questions

American International Group and Bank of America Comparison

American International Group has 84 relations, while Bank of America has 293. As they have in common 16, the Jaccard index is 4.24% = 16 / (84 + 293).

References

This article shows the relationship between American International Group and Bank of America. To access each article from which the information was extracted, please visit:

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