financial institution of the united states Corp. BAC, +0.sixty five% stated on Wednesday that it diminished its full-time body of workers by 2,979 workers, or 1.4%, to 216,679 all the way through the 2d quarter, as the number of branded automatic teller machines (ATMs) increased with the aid of zero.6% to 15,992 and the selection of U.S. monetary facilities declined by using 1% to four,789. over the last yr, the collection of full-time BofA workers has declined 7.1%. earlier, BofA reported 2d-quarter cash and earnings that beat expectations. The stock, which climbed 2.9% in premarket alternate, had rallied 9.5% over the past three months thru Tuesday, whereas the S&P 500 SPX, +0.forty five% has inched up 0.1%. On Tuesday, fellow moneycenter bank J.P. Morgan Chase JPM, +1.forty% said its headcount declined by using 3,686, or 1.5%, right through the 2nd quarter to 237,459.
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