DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-82,615

BANK OF AMERICA
GLOBAL SECURITIES GROUP
JERSEY CITY, NEW JERSEY

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the
workers in such workers' firm have become totally or
partially separated, or are threatened to become
totally or partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of
articles or supply of services like or directly
competitive with those produced/supplied by the
workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on March 29, 2013 by a State Workforce Office on behalf
of workers of Bank of America, Global Securities Group, Jersey
City, New Jersey (Bank of America). The workers' firm is
engaged in activities related to the supply of financial
services. Specifically, the workers supply clerical support
for Certificate of Deposit and Individual Retirement Accounts
for the Consumer Channel for California (Coin).
During the course of the investigation, information was
collected from the workers' firm and the petitioner.
Section 222(a)(1) has been met because a significant
number or proportion of the workers in such workers' firm have
become totally or partially separated, or are threatened to
become totally or partially separated.
Section 222(a)(2)(B) has been met because the workers'
firm has acquired from a foreign country services like or
directly competitive with services supplied by the workers which
contributed importantly to worker group separations at Bank of
America.
Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of Bank of America,
Global Securities Group, Jersey City, New Jersey, who are
engaged in activities related to the supply of financial
services, specifically clerical support for Certificate of
Deposit and Individual Retirement Accounts for the Consumer
Channel for California (Coin), meet the worker group
certification criteria under Section 222(a) of the Act, 19
U.S.C. § 2272(a). In accordance with Section 223 of the Act, 19
U.S.C. § 2273, I make the following certification:
"All workers of Bank of America, Global Securities Group,
Jersey City, New Jersey, who became totally or partially
separated from employment on or after March 19, 2012
through two years from the date of certification, and all
workers in the group threatened with total or partial
separation from employment on the date of certification
through two years from the date of certification, are
eligible to apply for adjustment assistance under Chapter 2
of Title II of the Trade Act of 1974, as amended."
Signed in Washington, D.C., this 17th day of May, 2013.


/s/Michael W. Jaffe
______________________________
MICHAEL W. JAFFE
Certifying Officer, Office of
Trade Adjustment Assistance