Business: More banks trimming branches

Source: CNN Money

  January 25. 2013 10:00AM - Last modified: January 25. 2013 10:53AM

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Overall, banks closed 2,267 branches last year and opened only 1,149, according to research firm SNL Financial. That resulted in a total loss of 1,118 branches nationwide -- the highest level since 2005, when the firm began tracking closures.

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