-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J6WLljotXp7QzpKPnPpaEGZTPHEYhIO4Mr+86/OxWdmPmgbDctnwsZlO5ifLjxNG Ht5Q6vb90EVXD2th4XU2Xw== 0000929624-98-001477.txt : 19980831 0000929624-98-001477.hdr.sgml : 19980831 ACCESSION NUMBER: 0000929624-98-001477 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980828 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980828 SROS: NASD SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANKAMERICA CORP CENTRAL INDEX KEY: 0000009672 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 941681731 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-07377 FILM NUMBER: 98700751 BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CTR STREET 2: 555 CALIFORNIA ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4156223530 MAIL ADDRESS: STREET 1: 555 CALIFORNIA STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94104 8-K 1 FORM 8-K 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 August 28, 1998 --------------------------------- (Date of earliest event reported) BankAmerica Corporation ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 1-7377 94-1681731 - ------------------------------------------------------------------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification Number) Bank of America Center 555 California Street San Francisco, California 94104 - ------------------------------------------------------------------------------- Address of principal executive offices) (Zip Code) 415-622-3530 - ------------------------------------------------------------------------------- (Registrant's telephone number, including area code) Item 5. Other Events. ------------ Attached hereto as Exhibit 99 is a copy of BankAmerica Corporation's press release dated August 28, 1998 titled "BankAmerica Statement on Impact of Global Volatility and its Reduced Russian Exposure." Item 7. Financial Statements, Pro Forma Financial Statements and -------------------------------------------------------- Exhibits - -------- (c) Exhibits Number Description - ------ ----------- 99 BankAmerica Corporation press release titled "BankAmerica Statement on Impact of Global Volatility and its Reduced Russian Exposure." SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BANKAMERICA CORPORATION ----------------------- (Registrant) Date: August 28, 1998 By /S/ CHERYL A. SOROKIN --------------------- Cheryl Sorokin Executive Vice President and Corporate Secretary EXHIBIT INDEX Exhibit Number Description - -------- ----------- 99 BankAmerica Corporation press release titled "BankAmerica Statement on Impact of Global Volatility and its Reduced Russian Exposure." EX-99 2 PRESS RELEASE DATED AUGUST 28, 1998 [BANKAMERICA CORPORATION LOGO APPEARS HERE] Exhibit 99 NEWS For release: Contact: John Keane (415) 622-2773 Sharon Tucker (415) 622-2775 BankAmerica Statement on Impact of Global Volatility and its Reduced Russian Exposure SAN FRANCISCO, August 28, 1998--BankAmerica Corporation (BAC) said today that as a result of volatility in global financial markets it has incurred quarter- to-date trading losses (including net interest income associated with trading activities) of approximately $220 million. Year-to-date trading-related income was approximately $315 million. The losses were incurred primarily in the Russia Federation and were the principal factor in reducing the company's total Russia Federation exposure from $412 million at June 30 to approximately $100 million at August 26. BankAmerica reported net income of $1.725 billion through the first six months of the year and had total assets of $264 billion at June 30. ### -----END PRIVACY-ENHANCED MESSAGE-----