Nicknamed the Queen City, Charlotte is the largest city in the state of North Carolina. In 2008, it was chosen the "Best Place to Live in America" by relocate-america.com in its annual ranking and was also named #8 of the 100 "Best Places to Live and Launch" by CNNMoney.com. Charlotte has become a major U.S. financial center, and, based on assets, both the nation's largest (Bank of America) and third largest (Wachovia) financial institutions call the city home.