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In a Bank of America Global Research Report, economist Shruti Mishra outlines where the payroll, unemployment and wage ...
On Wednesday afternoon, Bank of America customers reported having problems accessing their online accounts. Some even reported seeing a balance of $0.
More than 20,000 Bank of America customers on Wednesday reported issues accessing their account information, according to a site that reports on service outages in real time.
Citigroup fell 6.8% in late morning trading. JPMorgan and Bank of America, the two biggest U.S. lenders, were off by more than 4%. Wells Fargo fell 6.6%.
Bank of America customers are reporting problems accessing their online accounts, according to DownDetector.
The move follows similar downsizing efforts by Bank of America's competitors.
Topline Thousands of Bank of America customers are reportedly experiencing an online outage that’s interfering with ATMs and causing erroneous balances to show up on user accounts.
Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday.
The reduction comes weeks after Bank of America let go of staff in its investment banking and global markets divisions globally, Reuters reported.
Bank of America says that trade will get another boost if the November jobs report comes in strong. Economists expect the report to show the US economy added 214,000 new hires.
Customers from Charlotte NC based Bank of America face outages for online and mobile banking services, according to Downdetector.
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