BEACHWOOD, Ohio — Bank of America notified about 1,000 workers in Beachwood Thursday that they will lose their jobs as of Oct. 31 as the company closes its mortgage and consumer banking office. Also closing Oct. 31: the bank’s.
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Bank of America announced Thursday that it would be cutting more than 1,200 jobs in Ohio. The bank said the majority of the positions will be from the mortgage division. The cuts include 100 positions in Cincinnati. More than 1,000.
Bank of America supported two other programs that provided summer jobs for local youth. The Summer Youth Employment Initiative, partnered with United Way of Northeast Florida, placed 18 youths in summer internships with the.
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According to a story in the New York Times, Bank of America, Chase, and a number of other global entities have put together traveling art exhibits and are offering them to museums across the country. Corporate sponsorship of art.
The U.S. Department of Labor fined Bank of America $2.2 million in back wages and interest, after 1,147 African-American job seekers claimed to have dealt with discriminatory hiring practices by the lender at their Charlotte, N.C.,
Bank of America Corp. is cutting 49 technology support jobs in Chicago as part of a nationwide restructuring. The Charlotte-based financial institution, the nation’s second-biggest bank, announced earlier this week that it will eliminate.
The strong jobs gains last month raised expectations that banks will get some relief from record low interest rates this year. Bank of America, led by Chief Executive Officer Brian Moynihan, reaped the highest gains, rising 2.35 percent to.
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Bank of America Corp. said yesterday it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating economic environment and tries to.
Crawford said the company is working to place affected workers in other positions within the company and that eligible employees who opt not to seek jobs with Bank of America will be given severance packages. The Orono call center.
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WASHINGTON — Bank of America Corp. has agreed to refund customers $727 million and pay $45 million in fines for illegal credit card practices, according to a. some credit card debt if they lost their job or had some other hardships.
Bank of America will close a deposit products office in Fort Lauderdale, resulting in the loss of 59 jobs there by the end of January, the bank said Monday. The bank’s decision came after a review of business operations and aims "to take.
Bank of America confirmed Monday that it is closing its check processing operations in East Hartford in November as its moves some of that work to its branches. The bank wouldn’t say how many employees would lose their jobs, but a.
Hundreds of jobs in the United Kingdom are at risk as the London arm of the Bank of America prepares to shift its outsourcing operations to India. The Bank of America is one of the largest foreign banks operating in the UK and has.
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Bank of America may cut up to 35,000 jobs over the next three years amid a sharp economic slowdown stemming from financial turmoil and its acquisition of Merrill Lynch. "Bank of America expects to have a final plan early in 2009 and.
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Joseph Gianni, who started his banking career in Connecticut in the late 1980s and is well-known in state financial services circles, has been appointed Bank of America’s president for the greater Hartford market. Gianni, 57,
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A spokesman for Bank of America wasn’t available to comment on the job reductions. Bank of America has already cut at least 6,000 jobs this year as part of its reorganization under CEO Brian Moynihan, who has been in the top spot.