BofA Traders Working at One Bryant Park Office, Barker Says
Bank of America Corp., the second- biggest U.S. lender by assets, said trading personnel are working at its main New York office at 1 Bryant Park today to help clients coping with the aftermath of Hurricane Sandy.
“We do have a trading organization that needs to function as long as markets are open somewhere in the world and we are able to accommodate them,” Jeff Barker, New York City market president for the Charlotte, North Carolina-based company, said in a Bloomberg Television interview. “There is a group working there today.”
The bank’s charitable arm will donate $1 million to disaster-relief efforts, including an immediate $500,000 for the American Red Cross, Barker said.
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