Bank of America (BAC) dismisses 13 investment bankers in its industrial group, part of 3.5K in...

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

Bank of America (BAC) dismisses 13 investment bankers in its industrial group, part of 3.5K in job reductions this month, and a down payment on 30K cuts expected over the next few years. The bank ranks 2nd globally in investment banking fees from the industrial sector.