The reduction, an annual exercise, comes weeks after Bank of America let go of staff in its ... The cuts represented 1% of the workforce for those businesses and included managing directors ...

Bank of America has raised its national minimum wage to $24 an hour, bringing the minimum annualized salary to $50,000, according to a statement released today. That’s $20,000 more than ...

Citigroup to cut 3,500 tech jobs in China as part of global restructuring targeting 10% workforce reduction. Layoffs show ...

Bank of America is tightening its scrutiny of junior ... traditionally demands long hours from junior bankers. The recent reduction in junior investment banking positions impacted analysts and ...

Investing.com -- Bank of America has reportedly let go of 16 bankers in Hong Kong, as part of a wider global reduction of its investment banking personnel, according to Reuters, citing two sources ...

Investing.com -- Bank of America (NYSE: BAC) has reportedly let go of 16 bankers in Hong Kong, as part of a wider global reduction of its investment banking personnel, according to Reuters, citing two ...