Bank of America Corp. employed 242,117 full-time employees at the end of last year. It desperately needs employee No. 242,118. That’s because Bank of America, the nation’s second-largest bank, is currently without a leader for digital banking strategy initiatives, and it does not look like the search is going particularlyRead More
Post Tagged with: "channel strategy"
Bank of America reached 12.6 million mobile users in the first quarter of 2013, which is 30% higher than in the first quarter of 2012, CEO Brian Moynihan revealed in an earnings call today. The bank’s mobile users grew 5% over last quarter’s 12 million. In the first quarter of 2012,Read More
Wells Fargo, known for its methodical rollout of innovations, is testing a new branch in Washington, D.C. The branch — or neighborhood store, as the bank refers to it — is just 1,000 square feet, while the traditional branch location is 3,000 square feet. The branch is not much largerRead More