Amid the backlash last year, Bank of America and JPMorgan Chase later rolled out rules to help enforce limits on the number ...

Senior bankers at the company now have the responsibility to make sure that their junior colleagues are not weighed down by ...

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 ...

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 ...

The Consumer Financial Protection Bureau dropped its lawsuit against the company that runs the Zelle payment platform and ...

Bank of America (BAC) is increasing its oversight of young bankers' hours, according to a media report. Read more details ...

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 ...