The Bankwatch

Tracking the consumer evolution of financial services

Some early hints about the scope of Project “New BAC”

Some early hints about the scope of Project “New BAC”

BofA to slash costs by 15%

Bank of America is poised to announce a three-year programme to slash costs by as much as 15 per cent – or $10bn – shedding up to 40,000 jobs in the process.

Written by Colin Henderson

September 9, 2011 at 21:59

Posted in Uncategorized

2 Responses

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  1. good approach, i support BAC

    Frederick

    September 9, 2011 at 22:19

  2. only a ‘good approach’ if one cares to stretch this ongoing recession.

    Juan

    September 10, 2011 at 13:50


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