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

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

The layoffs are part of an annual process to cut under-performers. However, deal volumes have also fallen below expectations ...

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

Wall Street's hopes of a dealmaking and hiring rebound have been put on hold as companies and buyout firms wait for the dust ...

America's seventh biggest bank will shut 38 branches in coming weeks. The bank branch apocalypse shows no signs of slowing.

The investment banking giant stands by its practice of regular staff cuts often called its 'annual cull,' trying to cut ...

It took only a 10-minute Zoom call for Audacy to lay off San Diego sports-talk radio personalities Annie Heilbrunn and Craig ...

Fears of a sharp US downturn are permeating financial markets. Even so, Perpetual and BlackRock remain optimistic about the ...