Bank of America Corp (NYSE:BAC)

$ 38.21 -0.24 (-0.62%) Market Cap: 298.82 Bil Enterprise Value: 341.19 Bil PE Ratio: 13.22 PB Ratio: 1.13 GF Score: 82/100

Bank of America Corp at Barclays Global Financial Services Conference Transcript

Sep 09, 2019 / 07:30PM GMT

Release Date Price: $28.63 (+3.25%)

Transcript

Unidentified Analyst

Great. If everyone could take their seats, we'll wrap up this afternoon's presentations. Next up, I'm very pleased to have Bank of America. From the company, we have Tom Montag, COO and President of Global Markets and Global Banking. Last year, you may recall, we had Andy Sieg focusing on the wealth management businesses this year -- or last year. This year, we thought we'd shift gears and focus on Global Banking and Global Markets.

And if you look at those businesses combined, they generate over $9 billion of Bank of America's revenues last quarter. That's almost 40% of the company. Interestingly, on a standalone basis, that would make it the sixth largest U.S. bank and approximated how much Goldman Sachs generated in revenues in total.

With that, let me turn it over to Tom.

Thomas Kell Montag

Bank of America Corporation - COO & President of Global Banking and Markets

Thank you. I feel like I'm at the fifth set of the Nadal-Medvedev match right now, which was awesome, by the way.

Well, thank you for having me. I

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