This is a theme that is gathering steam. It is based on the reality that customers are using internet for their banking, and there is a high level of redundancy in offerring similar capabilities in physical locations. The counterbalance is of course the need to attract customers, new accounts and deposits which has traditionally been a branch activity. That balance is shifting now and the tension between those two opposing forces will be ineresting to watch, as banks exectute strategies and consider their cost base. BofA could eventually cut 10 pct of branches SF Chronicle Bank of America Corp. could … Continue reading BofA could eventually cut 10 pct of branches | SF Chronicle