Bank of America Execs Casually Dropping Citi's 'Enviable' $20 Seamless Allowance Into Conversation
Banks are practically begging each other to take their employees. Bank of America was so desperate to find jobs for its employees that it invited rival Citigroup to a job fair to interview employees, according to an executive...The bank is aiming to cut more than 4,000 jobs in the fourth quarter and already notified about 1,200 employees this week that they were being let go, people familiar with the matter have said. Executives say they are trying to find other options for their workers.BofA to Citi: Take Our Employees [WSJ]