A person walks past a Bank of America sign in the Manhattan borough of New York City, New York, U.S., January 19, 2022. REUTERS/Carlo Allegriis 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 have reduced their workforce in recent months.
The number of cuts, which are still being discussed, could affect less than 200 bankers globally, theDealmakers on Wall Street, following record activity in 2021, saw M&A volumes and stock market floatations tumble last year amid volatility in the capital markets, geopolitical tensions and risk-off sentiment.
BoA will spend $25 BILLION on a stock buy back but not to keep employees
Reuters quoting Bloomberg ? What the.....