On Thursday, WCNC.com 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.
From WCNC.com:
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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