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Bank of America Corp

Common Name
Bank of America
Country
United States
Sector
Financial Services
Industry
Banks - Diversified
Employees
213,000
Ticker
BAC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Bank of America Corporation is a leading financial services company, offering a comprehensive range of banking, investment, and risk management services to individual, corporate, and institutional cli...

Bank of America's Group Entities Data Preview

The Group Entity dataset is currently being compiled; join the waitlist to secure early access!

As of 12/31/2024, Tracenable has captured detailed data on Bank of America's corporate ownership structure, offering an in-depth view of its significant subsidiaries and their importance within the group.a

The dataset includes information on 57 subsidiaries, identified as material based on their financial importance, operational scale, or strategic contribution to Bank of America's consolidated operations.a

Entity NameCountryTypeOwnershipLEIPermID
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a
INDSubsidiaryNot Specified
0000000
0000000
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a
CHNSubsidiaryNot Specified
0000000
0000000
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a
CANSubsidiaryNot Specified
0000000
0000000
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a
USASubsidiaryNot Specified
0000000
0000000
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a
USASubsidiaryNot Specified
0000000
0000000
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a
USASubsidiaryNot Specified
0000000
0000000
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a
USASubsidiaryNot Specified
0000000
0000000
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a
USASubsidiaryNot Specified
0000000
0000000
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a
USASubsidiaryNot Specified
0000000
0000000
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a
IRLSubsidiaryNot Specified
0000000
0000000
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a
MYSSubsidiaryNot Specified
0000000
0000000
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a
BRASubsidiaryNot Specified
0000000
0000000
0000000
0000000
0000000
0000000
0000000
0000000
0000000
0000000
0000000
0000000
0000000
0000000
Showing 12 out of 57 entities. Get complete coverage in the full dataset.
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Verified Sources Behind Bank of America’s Group Entities Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Bank of America’s data sources below and access millions more through our Disclosure Search.

a. Bank of America's Financial & Extra-Financial Disclosure 2024
a. Bank of America's Financial & Extra-Financial Disclosure 2024

Insights into Bank of America's Group Entities Location

Tracenable's group entities dataset provides geographic insights into Bank of America's significant subsidiaries, revealing their location around the world.a

In total, the Bank of America group includes 57 significant subsidiaries distributed across 26 countries, illustrating the company's governance network, operational footprint, and geographical consolidation structure.a

This visualization highlights the geographical distribution of Bank of America's corporate structure, helping assess its international exposure, operational reach, and cross-border governance landscape.a

How geographically diverse is Bank of America's corporate structure?

In 2024, Tracenable identified that the Bank of America group consisted of57 significant subsidiaries, located across 26 countries.a

This represents a focused geographic presence, reflecting the company's core operational centers or key strategic markets rather than a full view of its global entity network.a

What does the geographic footprint of Bank of America reveal about its business operations?

Bank of America's significant subsidiaries are primarily located in North America and Asia, which together host 70.18% of its material entities.a

This concentration suggests that the company's strategic and operational priorities are centered in these key markets, consistent with its focus on financially material or high-impact operations.

How transparent is Bank of America about its group entities and ownership structure?

Bank of America exhibits a limited level of transparency concerning its corporate ownership structure.

The disclosure covers only a small number of significant subsidiaries, typically those with material financial or operational relevance.a

Without full group hierarchy or equity details, it offers a restricted view of Bank of America's broader ownership network, making it harder to assess the company's consolidated structure or cross-entity control.

Does Bank of America maintain entities in low-tax or offshore jurisdictions?

Yes. Tracenable's data shows that 1 entities (1.75%) are registered in jurisdictions commonly classified as low-tax or offshore financial centers, such as Cayman Islands.a

This may indicate tax optimization strategies or the use of special-purpose vehicles (SPVs) within Bank of America's ownership structure.