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

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

Being an investment banking analyst was much sexier in theory ... well generally climb the ranks within the team to become associates, vice presidents, and maybe even managing directors.

Despite all these advantages, even candidates with an MBA will find it difficult to land an investment banking job if they haven’t attended a top business school. “Associate-level hiring is ...

Not surprisingly, the investment banking job market is among the most competitive. Here are the qualities many investment banks look for in job candidates. New opportunities come from all ...

The reduction comes weeks after Bank of America let go of staff in its investment banking and global markets divisions ...

Nearly 6,000 colleagues work in our Investment Bank, covering nine financial hubs in all major financial centers around the globe (New York, Chicago, London, Zurich, Frankfurt, Hong Kong, Shanghai, ...

Charlotte-based Bank of America Corp. (NYSE: BAC) has trimmed 150 junior positions in its investment banking division, ...

Michele Miyakawa, co-founder and managing director at Moelis & Company, brings over 25 years of extensive experience in ...

The latest job cuts, affecting analysts and associates, comes as U.S. mergers ... due to a “dampened” outlook for investment banking. Bank of America, the second largest bank in the U.S ...