Bank of America happy with headcount for now

FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City

(Reuters) – Bank of America is satisfied with its headcount for now, Chief Financial Officer Alastair Borthwick told journalists in a conference call on Monday.

The company added about 5,000 employees in the third quarter, Borthwick said after the company reported reported a 9% drop in third-quarter profit on Monday.

(Reporting by Lananh Nguyen in New York and Manya Saini in Bengaluru; Editing by David Goodman)

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