Bank of America to raise wages for lower-paid...

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Bank of America Corp. (NYSE: BAC) will raise wages for hourly, non-commission employees in early 2017 to a minimum $15 an hour, up from a minimum $13.50 an hour today. Brian Moynihan, CEO of Charlotte, N.C.-based bank, mentioned the wage increase during a presentation at the Goldman Sachs Financial Services Conference Tuesday. Ferris Morrison, a bank spokeswoman, says most hourly, non-commission roles at the bank fall in the consumer business and the global operations and technology business. The…