Stock Market News
Bank of America happy with headcount for now
2022.10.17 08:56
© Reuters. FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri
(Reuters) – Bank of America (NYSE:) is satisfied with its headcount for now, Chief Financial Officer Alastair Borthwick told journalists in a conference call on Monday.
The company added about 5,000 employees in the third quarter, Borthwick said after the company reported reported a 9% drop in third-quarter profit on Monday.
