Page 14 - Bank of America E Teaching Note
P. 14
Traditional Bank: $17.136 (72%) Consumer (1)
$6.66 (28%) Commercial (2)
Investment Bank $3.78 (36%)
$2.94 (28%)
$2.62 (25%)
$1.15 (11%)
Asset/Wealth
Management $7.55 (83%) Merrill Lynch (3)
$1.55 (17%)
Merrill Lynch contributed $7.55 billion and is BofA’s
second largest contributor closely followed by
commercial banking at $6.66 billion. Both of which again
reinforce BofA’s post crisis strategic thrust.