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Hauling cash, replacing cards, fixing ATMs: the stubborn costs banks can?t erase
Hauling cash, replacing cards, fixing ATMs: the stubborn costs banks can?t erase
NEW YORK (Reuters) - Even after years of lean times, big U.S. banks are coming under new pressure to cut costs. But management teams are finding some expenses simply won't budge – like the $1 billion a year it costs Bank of America Corp to shuffle papers around and transport money in armored trucks.http://feeds.feedburner.com/~ff/reut...?d=yIl2AUoC8zA http://feeds.feedburner.com/~ff/reut...GM:F7zBnMyn0Lo http://feeds.feedburner.com/~ff/reut...GM:V_sGLiPBpWU http://feeds.feedburner.com/~r/reute...~4/ldL9iy0Uto4 |
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