The LA Times reports on B of A’s plan to close up to 10% of its branch locations:
Bank of America spokesman James Mahoney told the Associated Press today that the nation’s largest bank is working on a branch closure plan. The strategy was discussed by Chief Executive Ken Lewis and another bank executive in an investors meeting last week in Charlotte, N.C., where the bank is based.
Such a move would represent a retrenchment for the giant bank,Source: Business Pundit RSS Feed
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