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BofA Cutting Jobs as Housing Improves, Bove

Sept. 20 (Bloomberg) -- Richard Bove, an analyst at Rochdale Securities, talks about Bank of America Corp.'s cost-reduction and job-cutting plan. Under the plan, the bank would have fewer branches and a smaller mortgage lending operation, the Wall Street Journal reported. Bove speaks with Tom Keene on Bloomberg Television's "Surveillance." (Source: Bloomberg)