FILE - In this Jan. 18, 2010 file photo, a Bank of America branch is shown in Charlotte, Bank of America Corp. is cutting 3,500 employees this quarter and working on restructuring plans that will ax ... more 
FILE - In this Jan. 18, 2010 file photo, a Bank of America branch is shown in Charlotte, Bank of America Corp. is cutting 3,500 employees this quarter and working on restructuring plans that will ax several thousand more jobs, The Wall Street Journal and The New York Times reported Friday Aug. 19, 2011 citing people familiar with the situation. (AP Photo/Chuck Burton, File) less 
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Associated Press | Photo By Chuck Burton, File
Fri, Aug 19, 2011 1:02 AM EDT