Amid the backlash last year, Bank of America and JPMorgan Chase later rolled out rules to help enforce limits on the number ...
Bank of America is reinventing the role of the investment banking "staffer," responsible for doling out tasks to junior ...
Bank of America says it is stepping up its oversight of young bankers’ workloads, the firm’s latest change since the death of ...
The Consumer Financial Protection Bureau dropped its lawsuit against the company that runs the Zelle payment platform and ...
To carry out its oversight program, BofA has long relied on what it calls a chief resource officer model. Under this model, ...
Shares of Bank of America (BAC 1.27%) are down approximately 14% from their 52-week high amid the broader stock market ...
Unlike recent years, 2025 has been anything but bullish for Nvidia (NASDAQ:NVDA) so far. The stock has struggled to gain ...
Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources ...
The layoffs are part of an annual process to cut under-performers. However, deal volumes have also fallen below expectations ...
Bank of America (BAC) is increasing its oversight of junior bankers’ workloads, The Wall Street Journal’s Alexander Saeedy reports. While the ...
Bank of America says it is stepping up oversight of young bankers’ workloads, the firm’s latest change since the death of an employee working 100-hour weeks sparked an outcry. Dig deeper: ...
The reduction comes weeks after Bank of America let go of staff in its investment banking and global markets divisions ...