Consumer Banking segment expected to be the single-biggest revenue driver with $34.6 billion in revenues (41% of Total Revenues) in 2020Sales & Trading will be the fastest-growing segment - adding $0.4 billion over 2017-2020 (-10% of $-3.7 billion in incremental revenues)
WHAT IS BIG?
(1) Consumer Banking : $34.6 billion (41%)
(2) Advisory & Underwriting Services : $4.7 billion (6%)
(3) Corporate & Commercial Banking : $14.9 billion (18%)
(4) Sales & Trading : $13.8 billion (17%)
(5) Wealth Management : $16.4 billion (20%)
(6) All Other : $-0.8 billion (-1%)
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TOTAL Revenues in 2020: $83.6 billion
WHAT HAS CHANGED?
From 2017-2020
+ Change in Consumer Banking : $0.1 billion
+ Change in Advisory & Underwriting Services : $-1.6 billion
+ Change in Corporate & Commercial Banking : $-1.4 billion
+ Change in Sales & Trading : $0.4 billion
+ Change in Wealth Management : $-2.2 billion
+ Change in All Other : $0.9 billion
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TOTAL Change 2017-2020 $-3.7 billion
+ Bank of America's Revenues in 2017 $87.4 billion
= TOTAL Revenues in 2020 $83.6 billion