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 ...

Not surprisingly, the investment banking job market is among the most competitive. Here are the qualities many investment banks look for in job candidates. New opportunities come from all ...

In London, meanwhile, Goldman Sachs spent £1bn on its London headquarters when it opened in 2019, just before the Covid-19 ...

Morgan Stanley plans to cut 2,000 jobs as part of a workforce restructuring. This move aims to improve operational efficiency ...

Charlotte-based Bank of America Corp. (NYSE: BAC) has trimmed 150 junior positions in its investment banking division, ...

Wall Street investment bank Morgan Stanley (MS) is cutting 2,000 banking jobs amid growing signs that the U.S. economy is slowing down. Light ...