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Bank of America Announces Branch Expansion Plans
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Bank of America Announces Branch Expansion Plans

Bank of America Announces Branch Expansion Plans

Todd Anderson·
FintechNews RoundupUSA
·Feb. 27, 2018·1 min read

Bank of America is the second big bank, following JPMorgan Chase, to announce a big expansion of branches; the bank plans to open more than 500 branches over the next 4 years and hire over 5,400 people; they also said they will redesign more than 1,500 branches with new technologies and layouts; the focus of the plan is to establish more branches in mid sized markets that are typically dominated by regional banks. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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