Results tagged “ungainlymatron”

Today's not a good day for Bank of America. In the Wall Street Journal, there was a report saying CEO Ken Lewis told investors that BoA will "shrink the company's 6,100-branch network by about 10%, a pullback from the two-decade expansion that took the bank from coast to coast. The driving force for the closings is changing customer preferences...as online and mobile banking take transactions away from traditional branches," according to sources.