Global Market Reports

US newspaper round-up: Bank of America, Chrysler, PF Chang's...

Date: Tuesday 01 May 2012

“Amid the banking industry's relentless belt-tightening, even Bank of America Corp's moneymakers aren't safe. The Charlotte, NC, company is planning about 2,000 staff cuts in its investment banking, commercial banking and non-US wealth-management units, said people familiar with the situation. Those operations were vastly expanded with Bank of America's 2009 purchase...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Top of Page