03/07/2009 05:12 am ET Updated May 25, 2011

BofA To Sell Gulfstreams, Luxury Apartment

Bank of America, reacting to the recent controversy over executive perks, plans to sell three of its seven corporate jets, sources inside the bank tell CNBC...

The same sources say BofA will also divest itself from one of two corporate apartments in New York City. One of those is located at the Time Warner Center.

Read more on NBC