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BofA cutting 3,500 jobs this quarter: memo

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Fri, 19 Aug 11 3:52 PM | 17 view(s)
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BofA cutting 3,500 jobs this quarter: memo

SINGAPORE (Reuters) - Bank of America (BAC.N) is cutting 3,500 jobs this quarter according to an internal memo, as the biggest U.S. bank grapples with its $1 trillion problem-loan portfolio and growing economic concerns.

Saeed Azhar

SINGAPORE
Fri Aug 19, 2011 6:43am EDT

link-
http://www.reuters.com/article/2011/08/19/us-bofa-idUSTRE77I0HI20110819




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