Bank of America Planning 2,000 Jobs Cuts From Investment Units
An effort to balance costs and revenue.
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An effort to balance costs and revenue.
"As I said," the BofA CEO deadpanned, and the crowd went wild.
The most common: accidental foreclosures.
Bank of America, JPMorgan Chase, and Wells Fargo are all accused of deceit in relation to mortgage-backed securities.
Christian Meissner will take the helm of the global investment banking division.
That's kind of awkward.
The faucet is off for some small businesses.
That would make it the biggest mortgage-backed securities settlement yet.
He gave three speeches and was probably paid handsomely.
Enjoy the extra $5 a month while it lasts.
Those are large numbers.
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