An analysis of the banking sector in Bank of America must be performed at reliable and also successful levels to improve the banking activities in the country. This industry has long been the most heavily regulated in the United States based on the special role it plays in assigning credit and managing payment systems. Bank of America serves more than 28 million small businesses and consumers in the nation's fastest-growing and diverse communities. The bank also offers its customers online banking and 24-hour telephone banking services. Bank of America has expanded to become the number one provider of credit and debit cards, the number one lender for small businesses and the largest large national provider of control and savings services. Laws that affect the operation of this bank include; lending activity in which the bank simply expands credit to a person in an amount not exceeding 15% of the bank's capital. The Volcker rule is also respected in this bank as it is prohibited to carry out trading activities on its own account and to invest in or sponsor or have certain relationships with hedge funds and private equity funds, subject to some exceptions and therefore requires that banking entities operate .Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Bank of America is an example of a strong, established bank combined with effective management and logistics planning and will therefore set a model for other banks in the industry to copy. The recruitment process concerns sensitive sections of the banking sector. Economic crises, market booms, natural disasters and other unexpected events should not derail the hiring and firing process. Organizations should have well-established plans to weather any literal or metaphorical storm. The long-term vision should include anticipating the need for new hires, job specificity, strong candidate pools, logical candidate evaluation, securing top talent, integrating new hires, and reviewing processes for efficiency and effectiveness. Although Bank of America responded to the recent recession by cutting jobs and closing offices, subsequent efforts have focused on long-term goals and recruiting strategies. They created their own training camps to train their employees. Any business requires training to develop new skills, increase efficiency and educate staff on new policies, tools and procedures. Problems often trigger training, but training efforts should always trigger business results. When a serious error, error or need for improvement occurs, not all companies are willing to make improvements. As a large bank in the American banking sector has more resources available to take staff away from their daily work and place them in training sessions. In any workforce, flexible environments can reap wonderful rewards. As an example of a luxurious training session, Bank of America was able to train their employees in an environment that is flexible and where they can feel free. Employers ask employees to work hard, be pleasant and show results. The investment of time and money in human resources can, and will, pay off in positive organizational outcomes if a strategic management system is in place and well used. Bank of America will lead by example in serving its customers in a friendly manner. environment that will result in positive outcomes. Its practices, although a.