Bank of America Ramps Up Job Cuts


It's not easy being the most hated bank in America. Moynihan steps up BofA job cuts: 16,000 more by Christmas. The Wall Street Journal cites a document given to top management at the bank. The newspaper says the cuts

Bank of America is planning to shed 16000 jobs by the end of 2012, reports the Wall Street Journal. The dramatic reduction in employees is part of a wider.

(Reuters) – Bank of America Corp is planning to cut 16000 jobs by year end as it speeds up a company-wide cost-cutting initiative amid declining revenues, the Wall Street Journal reported on Wednesday. The job cuts would

Bank of America is planning to shed 16000 jobs by the end of 2012, reports the Wall Street Journal. The dramatic reduction in employees is part of a wider.

The latest shakeup elevates Anne Walker, a holdover from Merrill Lynch & Co. who formerly was head of Americas equity syndicate at Bank of America Merrill Lynch. She replaces Thong Nguyen, who was in the strategy chief job for less than a year and left




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