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Bank of America planning to cut 10 pct of branches
AP story sez Bank of America's CEO, Ken Lewis, has said he's planning on shrinking the bank's 6100 branches by ten percent, citing a Wall Street Journal story. Liam McGee, president of BoA's consumer and small business bank, blames people's preference shift to online and mobile banking.
Posted by: Fred 2009-07-28
http://www.rantburg.com/poparticle.php?ID=275280