February 7, 2017 / 8:27 PM / 6 months ago

Bank of America to open 50 to 60 branches over the next year

Feb 7 (Reuters) - Bank of America Corp will open 50 to 60 new branches over the next year, Dean Athanasia, co-head of its consumer banking unit, said during a question and answer session Tuesday at a conference hosted by Credit Suisse.

A bank spokeswoman told Reuters Bank of America will also be closing branches in certain markets, so the 50 to 60 branches do not a represent a net increase.

Reporting by Dan Freed in New York; editing by Diane Craft

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