Sunday, September 23, 2012

Bank of America's Couper to retire after 40 years

Bank of America Corp. is accelerating a broad cost-cutting plan and has set a target of shedding 16,000 jobs by year's end—cuts that would see the company relinquish its title as U.S. banking's largest employer. Bank of America is accelerating a broadLast September, Bank of America announced a cost-cutting plan that would include reducing 30,000 jobs, the biggest layoff announcement last year by a company, according to outplacement firm Challenger Gray & Christmas. "As the decisions areThe attacks, which began in late 2011 and escalated this year have primarily been 'denial of service' campaigns.Last September, Bank of America announced a cost-cutting plan that would include reducing 30,000 jobs, the biggest layoff announcement last year by a company, according to outplacement firm Challenger Gray & Christmas. "As the decisions areJust how big the biggest U.S. bank is depends on your view of how derivatives should be accounted for on banks' books. And the potentially huge difference in size shows why simplifying bank regulation is anything but easy. In recent weeks, Thomas
Related External LinksBank of America to cut 16,000 jobs | CanIndia NEWSThe Yeshiva World Iranian Hackers Target Bank Of America ...Bank of America Merrill Lynch loss linked to options error:

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