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BofA to close 10% of branches as customers go online and mobile

BofA to close 10% of branches as customers go online and mobile

Bank of America plans to close around 10% of its 6,100 branches in response to shrinking customer demand as people turn to online and mobile banking, according to the Wall Street Journal. Citing people familiar with the conversation, the paper says bank CEO Kenneth Lewis outlined the plan to investors in a meeting last week [...]

The post BofA to close 10% of branches as customers go online and mobile appeared first on Payments Cards & Mobile.

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