Page 143 - Flip Banks TG
P. 143
Diagram 6
Diagram 6 shows the growth drivers that impact upon
BofA’s business model:
“BofA offer support to approximately three million small
business owners. Our wealth management businesses,
with client balances of approximately $2.5 trillion,
provide tailored solutions to meet client needs through a
full set of investment management, brokerage, banking,
trust and retirement products. We are a global leader in
corporate and investment banking and trading across a
broad range of asset classes serving corporations,
governments, institutions and individuals around the
world.”
To achieve efficiency and effectiveness of its focused
banking and growth drivers Bank of America created eight