The bank is making changes after reports suggested managers pressured junior bankers to lie about their working hours.

Bank of America has made another new change to increase oversight of the working conditions of junior bankers, according to a ...

The financial institution also eliminated around 150 junior investment banking roles last week.

Bank of America is tightening its scrutiny of junior bankers’ workloads following last year’s highly-publicized death of a staffer who allegedly logged 100 hours per week, according to a report.

Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday. The bank’s latest cuts follow similar exercises at ...

Bank of America (NYSE:BAC) laid off 150 junior investment bankers as part of its annual performance review process, according to a media report published on Tuesday. Most of the affected junior ...

Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday.

Bank of America (BAC) is increasing its oversight of junior bankers’ workloads, The Wall Street Journal’s Alexander Saeedy reports. While the bank previously relied on midlevel employees on ...

Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel ...

The second-largest U.S. bank is pushing generative artificial intelligence out to most employees while continuing to offer ...

Bank of America has announced new measures to monitor and regulate the workloads of its junior investment bankers following concerns over excessive working hours. Bank of America Corp. (NYSE ...