Bank of America to raise minimum wage to $20 per hour by 2021

FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo

(Reuters) – Bank of America Corp said on Tuesday it would raise its minimum wage to $20 per hour over a two-year period. On May 1, the minimum hourly wage will rise by $2 to $17, the bank said Bank of America joins other Wall Street banks that have raised hourly wages following U.S. […]

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