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Biggest US Banks Beef Up Workforces Even With Recession Looming

Not all of the country’s biggest banks have been adding to their staffs. In the second quarter, San Francisco-based Wells Fargo & Co. trimmed its staff by 6% from a year earlier, and Bank of America Corp., based in Charlotte, North Carolina, reduced its workforce by 0.8%. Both companies are known for their sizable brick-and-mortar footprints and large consumer-banking operations.

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