The bank is making changes after reports suggested managers pressured junior bankers to lie about their working hours.
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Senior bankers at the company now have the responsibility to make sure that their junior colleagues are not weighed down by ...
Bank of America says it is stepping up its oversight of young bankers’ workloads, the firm’s latest change since the death of ...
The layoffs are part of an annual process to cut under-performers. However, deal volumes have also fallen below expectations ...
The reduction comes weeks after Bank of America let go of staff in its investment banking and global markets divisions ...
A banking veteran with deep roots in Fort Lauderdale is retiring after four decades. Learn about her successor and what this ...
NEW YORK, March 10 (Reuters) - Bank of America (BAC.N), opens new tab eliminated ... The cuts affected junior bankers, including analysts and associates, the three sources said.
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