Bank of America axes 150 junior banker jobs

Bank of America cuts 150 junior jobs in investment banking, sources say
Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday. The bank's latest cuts follow similar exercises at rivals JPMorgan and Goldman Sachs and are part of an annual process to cut under-performers.
Bank of America axes 150 junior banker jobs after layoffs at Goldman Sachs, JPMorgan
The layoffs are part of an annual process to cut under-performers. However, deal volumes have also fallen below expectations in the first half of the year.
Bank of America cuts 150 jobs in investment banking: report
Charlotte-based Bank of America Corp. (NYSE: BAC) has trimmed 150 junior positions in its investment banking division, sources familiar with the matter told Reuters. The bank says most junior bankers were offered roles outside investment banking.
Exclusive: Bank of America eliminates some investment banking roles, sources say
Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel matters.
Bank of America Surprises Junior Bankers with Role Eliminations
Bank of America (BAC) stock dipped Tuesday after the financial firm announced a new set of job cuts. According to insiders, the company cut 150
Bank of America said to cut 150 junior investment bankers as part of annual cull
Bank of America (NYSE:BAC) laid off 150 junior investment bankers as part of its annual performance review process, according to a media report published on Tuesday. Most of the affected junior roles,
Bank of America cuts 150 junior roles in investment banking, sources say
Bank of America's latest cull has eliminated 150 jobs of junior bankers at its investment bank, two sources familiar with the matter told Reuters on Tuesday. The second-largest U.S. lender will offer the vast majority of junior bankers,
Bank of America is cutting back on investment bankers
Reuters said they came a few weeks after Bank of America laid off about 1% of its workforce following performance reviews, including managing
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