Fleet Bank to lay off workers
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Hundreds of branch employees at Fleet Bank, one of the largest banks in Philadelphia and now part of Bank of America, are being laid off Wednesday across the Northeast.
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Bank of America said Thursday it will layoff 4,500 employees as part of the companyâs ongoing integration of FleetBoston Financial.
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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 it will cut about 4,500 positions, or about 2.5 percent of its workforce, beginning this month. The layoffs will take place across the bank&#39;s geographic footprint and in all lines of business
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Bank of America said today it will cut about 2.5 percent of its work force beginning this month as a result of its merger with FleetBoston.
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The axe has fallen. Bank of America said it will eliminate 3,000 jobs following its announcement last week of a huge drop in earnings for the third quarter. Most of the layoffs will come from its investment banking unit. BofA also said it was starting a strategic review of its investment banking business, raising [...].
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Bank of America Corp. (BAC.N: Quote, Profile, Research) , plans on Wednesday to lay off hundreds of tellers and other employees at Fleet bank branches, and ask them to leave immediately, the Boston Globe said on Wednesday, citing ...
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FBR Capital Markets, the Arlington investment bank, said yesterday it would lay off 10 percent of its workforce "in response to adverse market conditions."
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Standard Chartered bank plans to lay off 200 employees in Hong Kong, or about 5 percent of its work force in the territory, despite record profits in its largest market, the London-based company said Tuesday.
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Lehman Brothers Holdings and the National City Corporation said yesterday that they would lay off more than 2,000 workers as the banks scale back their struggling mortgage businesses.
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CHARLOTTE, NC Bank of America says it&#39;s cutting about 45-hundred jobs beginning this month as a result of its merger with FleetBoston Financial.
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About 800 workers at the Swift &amp; Co. meat packing plant will lose their jobs four days before Christmas. The layoffs will take effect Dec. 20, 11 days before a contract expires
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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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New Delhi: The truck operators tonight decided to call off their seven-day-old strike from Saturday after reaching an agreement with the government on the vexed service tax issue.
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STAFF WRITER; Staff writers Alan J. Wax and Regina Marie Glick contributed to this story. As Bank of America pushes ahead with its takeover of Fleet Bank, about 1,000 jobs were cut companywide yesterday throughout the Northeast, ...
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Sovereign Bancorp. said yesterday it will cut 800 jobs, 77 of them locally, from its workforce of almost 9,000 and close most of its wholesale mortgage operation in an effort to slash costs by $100 million annually.
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Bank of America Corp. 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.