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Bank of America Corporation

Bank of America Corporation

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Publicatie datum 12 jul 2016 - 15:19
Statutaire naam Bank of America Corporation
Titel Bank of America Corporation Furnished a Form 8-K
Bericht Bank of America Corporation furnished a Current Report on Form 8-K to the U.S. Securities and Exchange Commission on July 12, 2016, indicating that, from time to time, Bank of America Corporation may reclassify its business segment results based on, among other things, changes in its organizational alignment. In Bank of America's Annual Report on Form 10-K for the year ended December 31, 2015, Bank of America reported its results of operations through five business segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets and Legacy Assets & Servicing, with the remaining operations recorded in All Other. Effective April 1, 2016, to align the segments with how Bank of America now manages the businesses, it changed its basis of presentation by eliminating the Legacy Assets & Servicing segment, and following such change, Bank of America reports its results of operations through the following four business segments: Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets, with the remaining operations recorded in All Other.