CHARLOTTE, N.C. - Bank of America is laying off employees in its global trading and investment banking divisions.
Bloomberg reports that the cuts would be less than 5 percent of workers in those divisions.
Over the last several years the bank has laid off hundreds in an effort to streamline the company.
Bank of America declined to comment on this latest round of cuts.
More layoffs for Bank of America
Officials recover nine bodies from wreckage of California warehouse fire
Driver charged after one killed in north Charlotte wreck, police say
North Mecklenburg Rescue Squad to stop serving Huntersville after town…
GAME PREVIEW: Panthers travel to Seattle to face familiar foe