BofA to hire 10,000 workers from low-, moderate-income neighborhoods
“Bank of America will hire 10,000 people from low- and moderate-income markets over the next five years in its consumer and small-business banking division. The Charlotte, N.C., company unveiled the new initiative Friday and said it plans to work with nonprofit partners to build pipelines of local talent across its various markets. The $678 billion-asset Bank of America estimated that about one-third of its 4,400 branches are in low- to moderate-income neighborhoods.”