Senior bankers at the company now have the responsibility to make sure that their junior colleagues are not weighed down by ...

Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told ...

More than 320 U.S. bank branches have been marked for closure in the first 13 weeks of 2025, with institutions like Flagstar, ...

The reduction comes weeks after Bank of America let go of staff in its investment banking and global markets divisions ...

Morgan Stanley, Goldman Sachs and Bank of America are beginning workforce reductions that affect varied parts of their ...

Charlotte-based Bank of America has laid off 150 investment division workers, sources told Reuters. Most of the junior bankers were offered comparable positions outside of investment banking ...

Reuters said they came a few weeks after Bank of America laid off about 1% of its workforce following performance reviews, ...