Bank of America has laid off 16 bankers in Hong Kong as part of global cuts to its investment banking workforce, two sources ...

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

Goldman Sachs Group Inc. is turning more cautious on US credit and equity markets, becoming the latest on Wall Street to ...

NEW YORK (Reuters) -Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with ...

Reuters said they came a few weeks after Bank of America laid off about 1% of its workforce following performance reviews, ...

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

To name a few examples, megabank Bank of America ( BAC -5.74%) was down by 6% for the day. Investment banking leader Goldman ...

In a report released today, Ebrahim Poonawala from Bank of America Securities maintained a Buy rating on Goldman Sachs Group (GS – Research ...

Bank of America has eliminated 150 junior banker ... 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, SoFi, and Goldman Sachs are all down by more than 5% after tariffs went into effect. Fears of economic turbulence are outweighing the expectations for lower interest rates.

The investment banking giant stands by its practice of regular staff cuts often called its 'annual cull,' trying to cut ...