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

Senior bankers at the company now have the responsibility to make sure that their junior colleagues are not weighed down by ...

Key Takeaways Bank of America has introduced new positions for senior bankers to oversee the working conditions of junior ...

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

Bank of America is reinventing the role of the investment banking "staffer," responsible for doling out tasks to junior ...

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 ...

Charlotte-based Bank of America has laid off 150 investment division workers, sources told Reuters. Most of the junior bankers were offered comparable positions outside of investment banking ...

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Bank of America is one of the largest banks in the U.S., with total assets exceeding $3.15 trillion. It offers a large variety of personal banking services for checking, savings and investing ...

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

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