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 ...

More layoffs are expected following Mr. Cooper mortgage servicing sale expected to close during the fourth quarter Commenting on the reduction, NYCB Chairman ... Otting also acknowledged the ...

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

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 ...

he had reduced his position over the past few quarters and thus the continued reduction does not come as a total surprise. One potential reason why Buffett has reduced his Bank of America position ...

Analyst Bradley Sills from Bank of America Securities maintained ... factors including UiPath’s recent announcement of a workforce reduction by 10% and the associated risks this poses to the ...

In November 2024, Deutsche Bank laid off 111 senior managers, in particular, directors and managing directors, from its retail and wealth management unit. Overall, in 2024, the company closed 125 ...

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 ...