Kitty Michele

Bank Of America Recent Layoff Report 2024 Report. A bank spokesperson told banking dive less than a month ago that bank of america was not planning widespread cuts. Bank has become the first large global bank to downsize its regional investment banking operation in 2024, after a wave of layoffs across the industry in 2023 as a.

Bank of america is planning to cut jobs in its investment bank, bloomberg news reported on thursday, which would add the lender to a growing list of wall street firms to that. Bank of america on tuesday announced job cuts of around 20 bankers in asia, three sources with knowledge of the matter said, as plunging markets in china and hong kong weighed on deal.