The layoffs are part of an annual process to cut under-performers. However, deal volumes have also fallen below expectations ...
Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told ...
The reduction comes weeks after Bank of America let go of staff in its investment banking and global markets divisions ...
Charlotte-based Bank of America Corp. (NYSE: BAC) has trimmed 150 junior positions in its investment banking division, ...
In London, meanwhile, Goldman Sachs spent £1bn on its London headquarters when it opened in 2019, just before the Covid-19 ...
Morgan Stanley is preparing to cut approximately 2,000 jobs later this month, marking the firm’s largest round of layoffs ...
Rival Goldman Sachs has brought forward its annual performance review process and plans to trim its staffing by 3% to 5%.
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