September 26, 2007

Will LaSalle Bank (part of ABN Amro) in Chicago–if the deal goes through–dissolve into Bank of America?

Would nearly everyone lose their job?

  1. In any acquisition Bank of America is ALWAYS the surviving company. Branch office employees will likely keep their jobs while "backroom" employees duplicating B of A's backroom functions will likely be more vulnerable. Obviously, not everyone will loose their jobs.

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