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

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

Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources ...

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

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 ...