Bank of America to pay special bonuses for third year after strong earnings

BANK OF AMERICA will give $1,000 in December to eligible employees who earn $100,000 or less annually, while higher-paid staff will receive a stock award next year, as part of a special bonus program that is has also offered in the previous two years. / BLOOMBERG NEWS FILE PHOTO/JIN LEE
BANK OF AMERICA will give $1,000 in December to eligible employees who earn $100,000 or less annually, while higher-paid staff will receive a stock award next year, as part of a special bonus program that is has also offered in the previous two years. / BLOOMBERG NEWS FILE PHOTO/JIN LEE
NEW YORK – Bank of America Corp. plans to pay its employees special bonuses for a third straight year after reporting record earnings in four of the past five quarters. The lender will give $1,000 in December to eligible employees who earn $100,000 or less annually, while higher-paid staff will receive a stock award next…

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