KM Financial Solutions | Bank of America exec sees consumer unit’s efficiency ratio flat to down
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Bank of America exec sees consumer unit’s efficiency ratio flat to down

Bank of America exec sees consumer unit’s efficiency ratio flat to down

June 12 (Reuters) – Bank of America Corp’s co-head
of consumer and business banking said on Tuesday he expects the
consumer banking unit’s efficiency ratio to remain flat or
improve further as it cuts more costs tied to moving physical
checks and cash.

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