State Treasurer Alexi Giannoulias and a coalition of community groups questioned Bank of America’s commitment to invest in the community. They pointed to a study released last month that estimated the Chicago area would lose more …

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Two of Wall Street’s biggest investment banks, Bank of America and Goldman Sachs, have unveiled plans to cut jobs …

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Commerce Bank named top employer. Forbes ranks us as one of the Best Mid-Size Employers in America. Learn more

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Welcome to the Bank of America newsroom. Learn more about the bank, our executives, and the latest Bank of America news, announcements and initiatives.

On Friday, the Labor Department released its employment data for the month of February. The economy added 235,000 jobs last month, which was down slightly from January, but was nevertheless a very good showing. The average over …

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A 21-year Bank of America employee, Park Ridge community member Angelica Marchuk kicked off her running career with the Bank of America Shamrock Shuffle 8K 13 years ago, and will now be completing her ninth Shuffle this …

Throughout his career, Mr. Skibski has been active in the financial … Previously, …

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Commerce Bank named top employer. Forbes ranks us as one of the Best Mid-Size Employers in America. Learn more

Combining two firms as large as Bank of America and Merrill often involves eliminating duplicate jobs. Both have significant overlap in areas like research and investment banking. But Bank of America, based in Charlotte, N.C., …

Bank of America Corp said it will cut 3,000 jobs, an announcement that came less than a week after the United States’ second-largest bank reported a huge drop in earnings for the third quarter. The cuts will affect less than 2 per cent of …

Bank of America has begun eliminating jobs nationwide, but a company spokeswoman Friday would not comment on whether local jobs were being cut. The company announced in December that it would lay off more than 30,000 …

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Bank of America will cut roughly 3,000 jobs by the end of the year as the number of refinancing applications and troubled loans has fallen. It is part of larger industry pull back in response to the changing housing market. The country’s second …

Welcome to the Bank of America newsroom. Learn more about the bank, our executives, and the latest Bank of America news, announcements and initiatives.

Robots will be performing almost half of manufacturing tasks in a decade and doing everything from driving cars, to providing investment advice and performing medical surgery, according to a landmark technology disruption report. …

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Hundreds of jobs in the United Kingdom are at risk as the London arm of the Bank of America prepares to shift its outsourcing operations to India. The Bank of America is one of the largest foreign banks operating in the UK and has …

Shoaib Ur Rehman Sep 27th, 2016 01:11 Comments Off on Bank of America to cut Asia investment banking jobs SINGAPORE/HONG KONG: Bank of America is set to cut about two dozen investment banking jobs in Asia, …

Bank of America, the nation’s largest lender, announced on Monday that it will cut 30,000 jobs — 10 percent of its workforce — over the next few years. The layoffs should save the company $5 billion annually by 2014, as the massive …

Welcome to the Bank of America newsroom. Learn more about the bank, our executives, and the latest Bank of America news, announcements and initiatives.

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Project New BAC began in March and is part of Mr Moynihan’s broader strategy of shrinking the bank and improving its focus on institutional, corporate and individual customers. Based in Charlotte, North Carolina, BoA is the country’s …

Welcome to the Bank of America newsroom. Learn more about the bank, our executives, and the latest Bank of America news, announcements and initiatives.

NEW YORK (AP) Bank of America is slashing 30,000 jobs as part of an effort to reverse a crisis of confidence among investors. It’s the largest single job reduction by a U.S. company this year. What CEO Brian Moynihan is trying to do is …

NEW YORK (AP) Bank of America is slashing 30,000 jobs as part of an effort to reverse a crisis of confidence among investors. It’s the largest single job reduction by a U.S. company this year. What CEO Brian Moynihan is trying to do is …

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About 2,000 members of Bank of America’s investment banking, commercial banking, and non-U.S. wealth-management units will soon be axed from the Charlotte, North Carolina–based banking giant. The downsizing is reportedly part of a …

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NEW YORK (AP) — Bank of America is slashing 30,000 jobs as part of an effort to reverse a crisis of confidence among investors. It’s the largest single job reduction by a U.S. company this year. What CEO Brian Moynihan is trying to do is …

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