Bank of America Will Lift Minimum Wage to $20, as Lawmakers Spotlight Inequality

By Emily Flitter, April 9, 2019

A day before he was to appear at a congressional hearing focused on the biggest banks in the United States, Bank of America’s chief executive, Brian Moynihan, said on Tuesday that the bank planned to raise its minimum wage to $20 an hour from $15 over the next two years.

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