BofA Cutting Jobs as Housing Improves, Bove Says

Sept. 20 (Bloomberg) -- Richard Bove, an analyst at Rochdale Securities, talks about Bank of America Corp.'s cost-reduction and job-cutting plan. Under the plan, the bank would have fewer branches and a smaller mortgage lending operation, the Wall Street Journal reported. Bove speaks with Tom Keene on Bloomberg Television's "Surveillance." (Source: Bloomberg)
Twitter Falls for Second Day
37:11 - Bloomberg's Julie Hyman updates the latest markets news. She reports on "Bloomberg Markets." (Source: Bloomberg)
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