Bank of America Down on Plans to Boost On-line Operations

March 30, 2011

Bank of America (BAC) is down 0.15% to $13.33, despite plans to beef up its on-line banking service. The firm is reportedly seeking to hire three executives to revamp its retail on-line and mobile-banking services, according to American Banking News. The positions include a head of business development, a sales manager and an executive responsible for online and mobile strategy.