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Archive for the 'Banks' Category

Bank of America cuts 3000 jobs

Thursday, October 25th, 2007

Bank of America announced on Wednesday it plans to cut 3,000 jobs just a week after announcing profits dropped 32 percent. (more…)

BankUnited profits fall 73 percent

Wednesday, October 24th, 2007

BankUnited Financial announced its fourth-quarter profits dropped 73 percent citing a housing slump and non-performing loans being eight times higher than a year ago. (more…)