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Bank of America Corporation

Bank of America Corporation

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Publicatie datum 02 aug 2016 - 00:35
Statutaire naam Bank of America Corporation
Titel Bank of America Corporation filed quarterly report on form 10-Q and current report on form 8-K
Bericht Bank of America Corporation today informed its securities holders that its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2016 has been filed with the U.S. Securities and Exchange Commission (“SEC”) on August 1, 2016. On the same day, the Corporation has filed a Current Report on Form 8-K with the SEC, announcing that, from time to time, the Corporation has indicated that it may reclassify its business segment results based on, among other things, changes in its organizational alignment. In the Corporation's Annual Report on Form 10-K for the year ended December 31, 2015, the Corporation 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 the Corporation manages the businesses, the Corporation changed its basis of presentation to eliminate the Legacy Assets & Servicing segment, and following such change, the Corporation 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.