Bank of America (BAC) has been caught up in a series of scandals in the US.
Its chief executive officer, Tim Sloan, has been accused of misleading shareholders and shareholders in a stock offering.
And its chief executive, Doug McMillon, has resigned over his handling of a $700m (£457m) fund-raising scandal that has engulfed the company for years.
As we write this article, it is clear that the US economy is going through a difficult time, but there are good reasons to believe that America’s biggest bank will be around for a long time.
Here are five reasons why.1.
The US economy will be stronger in a bank bailout: The US has long been known as a creditor country.
But it is increasingly becoming a debtor country.
The US owes $1.2tn in outstanding debt.
The Federal Reserve’s main interest rate has been zero for two years, and the country’s long-term interest rate is only 0.5%.
And when the Fed begins to raise rates again in March, there is a good chance that the country will start to default on its debt.
The Bank of England has already announced a £10bn bail-out programme, and has said it will be a “significant” factor in the future of the economy.
As of mid-2017, the US government owed $16.4tn in debt, according to the Congressional Budget Office.
This is equivalent to a debt-to-GDP ratio of almost 15%.
The IMF has estimated that a US government bailout would boost GDP by about $4tn over the next two years.
American banks will survive: The banks that have bailed out the US have a good record.
In fact, the American banks that bailed out America’s banks have made a good living.
They are big enough to survive for the foreseeable future.
If a bank is insolvent, it has to sell off assets.
In fact, most of the time, these sales are made through other banks.
So if the banks have to sell, they are able to absorb the losses.
So if a bank goes bankrupt, the other banks that hold the assets are able take over its assets.3.
Banks will survive if they have to bail out America: Bail-outs can be expensive, but the US is no stranger to bail-outs.
There are now more than 100 US banks, and most of them are run by private companies.
They are all run by large, powerful financial institutions.
And they are all owned by large banks.
With so much control over the financial markets, it can be very difficult for a US bank to fail.
When a bank fails, it generally means that its assets will fall into the hands of the public.
That means the bank is going to need to sell assets and pay creditors.
It is a difficult process, and it could take years to sort out.
If a US company goes bankrupt and the bank cannot pay creditors, it may also have to take over the company.4.
America will get more money from a bank loan: The country is currently running a $10bn bailout programme, but its banks have had little or no trouble getting that money.
This is because the US has no other bank-lending program, which means the government has no incentive to bail them out.
Under the current programme, the government is paying a whopping $1,350 a year for every $1 of private bank debt the banks hold.
Bank of America’s debt will have to go down: America’s largest bank, BofA, has an average debt-service ratio of about 1.3%, meaning that it has less to worry about than other banks in the United States.
That means the company has less leverage to absorb losses and repay its creditors.
The average US bank has an outstanding balance of about $300bn, which is roughly $300 per customer.
According to Moody’s, the country is set to be $1 trillion in the red in about five years, so there will be plenty of debt.