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

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 ...

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

US investment banks may reduce their workforce if dealmaking remains slow due to economic uncertainties and potential tariffs ...

Wall Street banks have been cutting thousands of jobs and potentially may cut more. Banks such as Morgan Stanley, Goldmach ...

Major US banks recently adjusted their staffing levels as they braced for economic uncertainty, particularly after President ...

The labor market is supporting spending for now, but cracks have emerged in sentiment and expectations,” according to the ...

Wall Street banks including JPMorgan and Bank of America have already begun annual culls targeting underperforming employees, while Goldman Sachs and Morgan Stanley are planning to lay off staff ...

The reduction of 2 per cent to 3 per cent of the company's workforce, excluding financial advisers, was aimed at improving ...

None of the layoffs affect workers in Charlotte, a source familiar with the matter told The Charlotte Observer. Bank officials refused requests for comment. Bank of America, the nation’s second ...