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Bank of America to Send Tech Work, Data to India!

Bank of America snagged a lot of headlines when it announced this week that it will create the second-biggest U.S. bank by acquiring FleetBoston Financial for about $47 billion. But virtually no attention was paid just days earlier when BofA said it will move more operations abroad by setting up a subsidiary in India next year to handle key tech functions, many involving sensitive customer information. Download column by David Lazarus, San Francisco Chronicle in PDF format.
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