Hauling cash, replacing cards, fixing ATMs: the stubborn costs banks can?t erase

[ahlam1399]

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.

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