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At least 15 BofA global commodities staff, including 2 senior execs, leave

Posted on 24 March 2011

The latest departures follow a round last September, when another 15 staff from the bank’s commodities division, grouped under its global banking and markets division, left.
At the time, it was also reported that BofA would lay off less than 5 percent of its investment banking staff, with the cuts being the first significant organised reduction in the division’s workforce since BofA bought investment bank Merrill Lynch in January 2009 during the financial crisis……………………………………….Full Article: Source


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