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Bank Of America Closing 600 Branches [CORRECTION]

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On Thursday, of Charlotte, North Carolina reported that Bank of America was splitting itself into separate consumer and commercial units. They have revoked the story and issued a correction.


A CNN newswire service we subscribe to indicated that Bank of America was splitting into two units -- consumer and commercial.

The CNN report we gave you is not correct, according to a spokesperson from Bank of America.

There are no new branches shutting down just the original 600 reported back in March.

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