BofA (BAC) will accelerate its expansion in China, adding as many as five branches in the...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

BofA (BAC) will accelerate its expansion in China, adding as many as five branches in the country over the next 2-3 years from its current three outlets in Shanghai, Beijing and Guangzhou. BofA is also open to other options including a securities venture with a local partner.