Bank of America, Wells Fargo announce bonuses to rank and file

Bank of America, Wells Fargo announce bonuses to rank and file

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None Bank of America will give restricted stock bonuses worth a collective $800 million to roughly 97% of its staff, CEO Brian Moynihan said Thursday in a memo seen by Bloomberg and Reuters. • None Employees who earn less than $500,000 in total annual pay are eligible for the award, Moynihan said.…

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