Bank of America emphasizes diversity, employee wellness in annual financial filing

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Bank of America Corp added new sections to its annual filing that show the growing importance of non-financial topics within the firm.

For the first time, the bank created subheadings for “Diversity and Inclusion,” “Fair and Equitable Compensation” and “Health and Wellness” under the business overview section. That section is usually a straightforward description of how a company makes money through its primary operations and segments.

The inclusion of these topics in a place of prominence in the filing formalizes shifting priorities among executives and investors. Introspection across corporate America after the violent death of George Floyd prompted many companies to dedicate more resources towards addressing social inequality and led more institutional investors to consider the social implications of their investments.

The annual 10-K filing, a comprehensive report of a company’s financial performance, is one of the primary tools used by investors when deciding whether to invest in a company. Famed investor Warren Buffett, who accumulated a 11.9% stake in Bank of America last year, calls the filings his main source of material.

Source: Entertainment Trends (entertainmenttrends.net)

 

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Too bad Bank of America mangled my recent claim... They eventually resolved in my favor (after PayPal kept my $) but it took 8 months. Maybe they should look at that.

I wish they'd emphasize their telephone service. I have to speak with AT LEAST 3 people each time I call for something.

And they had to hire a human to sanitize the key pads

I love BankofAmerica for their Diversity, technologies & distribution of ATM machines. And I’m aware of persons with disabilities employed by this good bank. ThankYouBankofAmerica.

What kind of pic is this? The dude is like why are you taking a picture of me?

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