Bank of America (BAC) 8-KOther Events
Filed: 28 May 09, 12:00am
As filed with the Securities and Exchange Commission on May 28, 2009
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
May 28, 2009
BANK OF AMERICA CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 1-6523 | 56-0906609 | ||
(State of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
100 North Tryon Street
Charlotte, North Carolina 28255
(Address of principal executive offices)
(704) 386-5681
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 8.01. | OTHER EVENTS. |
Bank of America Corporation and its subsidiaries (the Corporation) reports the results of its operations through six business segments:Deposits,Global Card Services,Home Loans & Insurance,Global Banking,Global Markets andGlobal Wealth & Investment Management, with the remaining operations recorded inAll Other. As previously disclosed in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, effective January 1, 2009, as a result of the acquisition of Merrill Lynch & Co., Inc., the Corporation changed the basis of presentation from three segments to the above six segments. The formerGlobal Consumer and Small Business Banking now is reflected in three separate business segments:Deposits,Global Card Services andHome Loans & Insurance. In order to better coordinate the Corporation’s consumer payments businesses, the Corporation consolidated its consumer and small business card products intoGlobal Card Services; therefore, debit card has moved fromDeposits toGlobal Card Services. The formerGlobal Corporate and Investment Banking now is divided intoGlobal Banking andGlobal Markets. Prior period amounts have been reclassified to conform to current period presentation. These changes did not have an impact on the previously reported consolidated results of the Corporation.
This Current Report on Form 8-K is being filed solely to reclassify the historical business segment information in the Annual Report on Form 10-K for the year ended December 31, 2008 (the “Annual Report”). Portions of the following items from the Annual Report reflect the reclassified business segment information:
• | Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (filed as Exhibit 99.1 and incorporated herein by reference). |
• | Part II, Item 8. Financial Statements and Supplementary Data (filed as Exhibit 99.2 and incorporated herein by reference). |
The reclassification of historical business segment information in the Annual Report had no impact on the Corporation’s consolidated balance sheets, statements of income, statements of changes in shareholders’ equity or statements of cash flows. Additionally, these Annual Report items do not reflect any financial results subsequent to December 31, 2008.
ITEM 9.01. | FINANCIAL STATEMENTS AND EXHIBITS. |
(d) | Exhibits |
The following exhibits are filed herewith:
Exhibit No. | Description of Exhibit | |
23 | Consent of PricewaterhouseCoopers LLP | |
99.1 | Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations | |
99.2 | Part II, Item 8. Financial Statements and Supplementary Data |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BANK OF AMERICA CORPORATION | ||
By: | /s/ Craig R. Rosato | |
Craig R. Rosato | ||
Chief Accounting Officer |
Dated: May 28, 2009
INDEX TO EXHIBITS
Exhibit No. | Description of Exhibit | |
23 | Consent of PricewaterhouseCoopers LLP | |
99.1 | Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations | |
99.2 | Part II, Item 8. Financial Statements and Supplementary Data |