Why is there no bank of america in new orleans

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Widespread outage plagues Bank of America
Bank of America, the country's second largest bank, plans to move into the New Orleans market by the end of , according to an American Banker report. Bank of America plans to expand its retail banking network into seven new U.S. markets � including New Orleans, Milwaukee, Madison, Wisconsin. New Orleans � Expanding its presence in Louisiana, the bank will open its first centers in New Orleans, with plans for five locations in