By the virtue of acquisition of Merrill Lynch as of 2008, BAC is the world’s largest wealth management worldwide. Although, it is not the top dominator when it comes to market cap, BAC weighs in at a mere $171 billion while its toughest competitor, Wells Fargo, weighs in at a cool $277 billion. Only the big four, JP Morgan, Bank of America, Wells Fargo, and Citigroup, have retail branches in all fifty states. In 2010, Forbes ranked BAC as the third largest corporation in the world. Lately, most of the for the Big Four’s stocks prices have been swooning because of high interest rates starting in 2015, this makes it difficult to sell loans. The recent interest rate increase has forced banks to hike up their interest rates. This is a problem