Bank of America 2006 Annual Report Download - page 3

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Letter to Shareholders ......................................................... 2
Building Opportunities ...................................................... 10
How We’re Growing .............................................................16
Helping More People Own Homes ................................... 18
Winning Over Small Businesses .....................................20
Managing Monster Cash Flows ...................................... 22
Serving the Needs of Big Investors ................................24
Global Consumer & Small
Business Banking serves
approximately 53 million
consumer households through
checking, savings, credit and
debit cards, home equity
lending and mortgages. We
also serve mass-market small
businesses with capital, credit,
deposit and payment services.
GLOBAL CONSUMER & SMALL BUSINESS BANKING
BUSINESSES
Deposits
Card Services
Mortgage
Home Equity
Contents
Our Lines of Business
Card Services
50%
Mortgage
3%
Net Income**
Home Equity
5%
Deposits
44%
Premier
Banking &
Investments
39%
The Private Bank
23%
ALM†/Other
24%
Columbia
Management
14%
Net Income
Premier
Banking &
Investments
37%
ALM†/Other
16%
The Private Bank
27%
Columbia
Management
20%
Revenue*
Banking and Investing With a Personal Touch...........26
Revitalizing Sweet Auburn...................................................28
Helping Our Customers in Many Ways .........................30
Join Us Online ...................................................................... 32
Financial Review ................................................................. 33
Executive Offi cers and Directors ...................................151
Corporate Information ..................................................... 152
Treasury
Services
29%
ALM†/Other
9%
Business
Lending
25%
Capital Markets &
Advisory Services
37%
Revenue*
Global Wealth & Investment
Management provides a wide
offering of customized
banking and investment
services for individual and
institutional clients.
Treasury
Services
32%
ALM†/Other
10%
Business
Lending
33%
Capital Markets &
Advisory Services
25%
Net Income
GLOBAL WEALTH & INVESTMENT MANAGEMENT
BUSINESSES
The Private Bank
Columbia Management
Premier Banking & Investments™
Global Corporate & Investment
Banking provides comprehensive
financial solutions to clients
ranging from companies with
$2.5 million in revenues to large
multinational corporations,
governments, insti tutional
investors and hedge funds.
GLOBAL CORPORATE & INVESTMENT BANKING
BUSINESSES
Business Lending
Capital Markets & Advisory
Services
Treasur y Services
Revenue*
Card Services
51%
Deposits
41%
Mortgage
3%
Home Equity
4% ALM†/Other
1%
*Fully taxable-equivalent basis **Reflects net loss in ALM/Other †ALM=Asset and Liability Management
ALM†/Other
−2%