Saturday 2 February 2013

Small Banks Gobble Up Bank of America's Castoffs

Small Banks Gobble Up Bank of America's Castoffs
Bank of America (NYSE: BAC) has respond well to the efforts of streamlining the CEO Brian Moynihan. Part of his new project of BAC consists of sale of not less than 750 branches, and the Bank had no problems so far to find buyers, in the form of community banks want their bank balance sheet to expand.

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