Bank of America Corp. could eventually shrink its 6,100-branch network by about 10 percent as consumers utilize other methods of banking, a company spokesman said Tuesday.
Rivals see flood of resumes from BofA workers
Bank of America Corp employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank.
Reaction to BofA's proposed new debit card fee
Bank of America announced plans to impose a new $5 a month fee for debit card purchases starting next year. A sampling of reactions from consumers about how they would handle such a fee.
BofA leads stock prices lower
Bank of America Corp.'s shares plummeted 20 percent Monday, leading the financial sector in a downward spiral that was violent even compared to the rest of the crashing market.
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