Bank says layoffs tied to merger finished
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Bank of America softened the stance of some of its critics yesterday by pledging to a congressional banking committee that all layoffs related to the merger with Fleet are complete, and that it will invest millions more in local communities than Fleet was able to do.
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ACTIONS SPEAK louder than words -- and Bank of America&#39;s layoffs this week are another example of its failure to live up to commitments made prior to receiving state regulatory approval to merge with Fleet Bank.
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Temple-Inland Inc. (TIN.N: Quote, Profile, Research) , a maker of packaging and building materials, on Monday said it will lay off about 1,500 employees as it repositions its mortgage
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Bank of America says it is to cut about 3,000 jobs as it restructures its loss-hit investment bank division.
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Aug 19 - Over 1,500 bank tellers and other employees at Fleet bank branches across the US were given pink slips yesterday as Bank of America wraps up its $48 billion April 2004 merger with FleetBoston Financial, according to the Boston ...
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An association of community bankers say they are &quot;concerned&quot; about Bank of America Corp.&#39;s decision to move FleetBoston Financial&#39;s small-business banking unit to Charlotte, NC, from Boston and lay off hundreds of branch workers.
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Newly merged Bank of New York and Mellon bid individuality adieu.
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Bank of America Corp  said it will lay off about 2,500 workers in Illinois and 1,500 in Michigan over the next two years in connection with its $21 billion purchase of LaSalle Bank Corp from Dutch bank ABN AMRO Holding NV .
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A possible merger between Federated Department Stores and May Department Stores Co. could lead to the disappearance of the Filene's name as well as the closing of several stores, retail specialists said yesterday.
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Insiders says the company will file for Chapter 7 protection after laying off hundreds.
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Bank of America Corp. said yesterday it will slash 3,000 jobs from its workforce of nearly 200,000 and move its top Boston executive to New York to take over the company's troubled investment banking unit.
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CHARLOTTE, NC - Bank of America said Thursday it will cut about 4,500 jobs beginning this month as a result of its merger with FleetBoston Financial Corp.
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Banknorth Group of Maine confirmed yesterday that it was in merger talks with TD Bank Financial Group of Canada, a move that would end Banknorth's short reign as New England's largest independent bank.
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Bank of America Corp , the  second-largest U.S. bank, plans to lay off 3,000 people in its  corporate and investment banking unit, including its chief, the  Wall Street Journal reported Wednesday, citing people familiar  with the situation.
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Bank of America said Thursday it will cut about 4,500 jobs, or about 2.5 percent of its work force, beginning this month as a result of its merger with FleetBoston Financial Corp.
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CFO leaves and layoffs are expected after lackluster earnings, as the merged company struggles to adjust.
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Bank of America plans to cut about 150 city jobs as it trims its overall staff by 4,500, people familiar with the situation said. The cuts at the bank, which already said it would slash 12,500