Don't Speak News

Right at Christmas time when the press would be off duty and not reporting on this subject. Evergrande in China is also melting down as they are not paying employees and they are going to strike. Here more in this report from Bro News YT Channel.

Here is more on the story from NYPRESSNEWS.com.

“Many of our locations may have reduced hours, alternate days of operations or may have been temporarily closed,” Bank of America Corp. (NYSE: BAC) tells customers on its website. “We are doing everything we can to reopen as soon as possible, though some locations may remain closed for an extended period of time.”

This week, Bank of America and JPMorgan Chase & Co. (NYSE: JPM) were tight-lipped on how widespread the temporary closures are, with both declining to provide national numbers. The two banks referred CBJ sister publication the San Francisco Business Times to their website branch locator tools, which don’t offer a high-level overview. Their reluctance to talk is fueling concerns about the fate of many branches as the industry seeks to permanently scale back costly brick-and-mortar locations. 

In a few instances, BofA also indicates on its website that some temporarily-closed financial centers will permanently shutter in early 2022. Locally, that includes branches such as at 3021 Prosperity Church Road in Charlotte and 368 W. Plaza Drive in Mooresville.

Nationally, Wells Fargo & Co. (NYSE: WFC) said it has about 4,800 branches and 94% are open, suggesting that approximately 288 branches are temporarily closed across the country. Source

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