Bank of America is reportedly going on a spending spree to add more financial advisors.
According to an article in the Financial Times, which quoted unnamed sources, Bank of America [BAC] is looking to add 2,000 advisors. Most of the additions will be in the United States, with some small additions also in Europe and Asia, the FT said. And many of them will be young trainees instead of more experienced advisors lured from other companies.
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