Bank Of America May Have To Leave Some Business–WSJ
Bank of America is already plagued by financial problems that have caused it to announced 30,000 layoffs, take $5 billion for Warren Buffett, and sell much of its stake in China Construction Bank Now it turned out the Federal Reserve…
Bank of America is already plagued by financial problems that have caused it to announced 30,000 layoffs, take $5 billion for Warren Buffett, and sell much of its stake in China Construction Bank
Now it turned out the Federal Reserve has ask B of A to set plans to retreat from certain markets if its financial state worsens
According to The Wall Street Journal
BofA Chief Executive Brian Moynihan submitted a list to Fed officials in the middle of last year which listed the possible geographic cutback
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