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bank of america plans to open 165 new branches by 2026

Bank of America plans to open 165 new branches by the end of 2026, joining other major banks like JPMorgan Chase and PNC in expanding their physical presence after years of downsizing. This strategy aims to attract wealth management and small-business clients, transforming branches into hubs for financial advice. Since 2014, the bank has invested $5 billion in renovating over 3,000 locations, despite 95% of customer interactions occurring online.
@YahooFinance
United States Dollar JPMorgan Chase & Co. The PNC Financial Services Group, Inc. Bank of America Corporation Fifth Third Bank IDN ALA USA Felicia Lewis Brian Moynihan Show more
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09:00 23.09.2024
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