The new hires will bring the region’s headcount to almost 120 advisors serving so-called “preferred” customers with investable assets of between $50,000 and $250,000.
Bank of America Corporation (NYSE:BAC) is planning to cut 324 New York jobs including investment bankers and traders. Bank of America Corporation (NYSE:BAC) Slashes New York Jobs.
It has been reported that Bank of America Corporation (NYSE:BAC) is planning to eliminate 324 jobs in New York, including investment bankers and equity traders, as a part of its effort to reduce expenses.
Bank of America Corporation (NYSE:BAC) aims to cut about $5 billion in annual costs by the end of 2013. Bank of America Corp. (NYSE:BAC) shares were at 6.22 at the end of the last day’s trading. There’s been a -38.2% change in the stock price over the past 3 months.
Price History
Last Price: 6.22
52 Week Low / High: 5.13 / 15.31
50 Day Moving Average: 6.94
6 Month Price Change %: -52.6%
12 Month Price Change %: -53.2%
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