September 30, 2019 / 8:09 PM / 19 days ago

IN BRIEF: Bank of America settles DOL hiring bias probe for $4.2 mln

Bank of America will pay $4.2 million to settle allegations that it refused to hire women and minorities for various jobs in four states, the U.S. Department of Labor said on Monday.

DOL accused the bank of turning away black, Hispanic and female job applicants for customer service, mortgage underwriter and sales positions at locations in Texas, New Jersey, Florida and Georgia

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