Bank of America has cut 16 bankers from its investment banking department in Hong Kong as part of global cuts to its ...

Bank of America has laid off 16 bankers in Hong Kong as part of global cuts to its investment banking workforce, two sources ...

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

Sources believe Trump’s victory was essentially a double whammy for the CEO — putting the bank in the crosshairs but also ...

Explore the recent market shift favoring value stocks over growth stocks, the banking sector's unique trends, macroeconomic ...

HONG KONG] Bank of America has laid off 16 bankers in Hong Kong as part of global cuts to its investment banking workforce, two sources with knowledge of the matter told Reuters on Friday (Mar 14).

Top US banks registered strong comebacks in 2024, exceeding expectations, and they are virtually unanimous that this ...

Economists around the world expect muted U.S. economic growth in the coming quarters, and some indicators have shown an increased likelihood of a 2025 recession in recent weeks. [ Sign up for ...

JPMorgan Chase banking analyst Vivek Juneja said Friday that banks could feel the crunch from U.S. consumers - especially lower-income consumers - as the first quarter of 2025 wraps up in the next ...

Charles Schwab Investment Management Inc. increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.4% in the fourth ...

Overall, bank stocks have sold off about 15% from their recent peak in the face of jitters about an economic slowdown, as well as uncertainty about policies and their implications, he said. This is ...

Capital One Financial (NYSE:COF) was upgraded by investment analysts at Evercore ISI from an “in-line” rating to an ...