Bank of America said to cut 150 junior investment bankers

Exclusive: Bank of America eliminates some investment banking roles, sources say
Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel matters.
Bank of America axes 150 junior banker jobs after layoffs at Goldman Sachs, JPMorgan
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 said to cut 150 junior investment bankers as part of annual cull
Bank of America (BAC) laid off 150 junior investment bankers as part of its annual performance review process, according to a media report published on Tuesday.
Bank of America cuts 150 junior jobs in investment banking, sources say
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 rivals JPMorgan and Goldman Sachs and are part of an annual process to cut under-performers.
Bank of America Surprises Junior Bankers with Role Eliminations
Bank of America (BAC) stock dipped Tuesday after the financial firm announced a new set of job cuts. According to insiders, the company cut 150
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