Bank of America cuts 150 junior roles in investment banking, sources say
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Bank of America has cut 150 junior roles in its investment banking division, according to sources. This move is part of a broader trend of job reductions in the banking sector.
March 11, 2025 | 5:15 pm
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Bank of America has reduced 150 junior roles in its investment banking division, indicating a strategic move to streamline operations amid broader industry job cuts.
The reduction of 150 junior roles at Bank of America is a significant operational change but not uncommon in the current banking environment. While it reflects cost-cutting measures, it may not have a direct short-term impact on stock prices as it aligns with industry trends.
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