Bank of America trims investment banking roles - Reuters

Published 10/03/2025, 21:14
© Reuters.

Investing.com -- Bank of America has made cuts to certain investment banking roles, including those based in New York, Reuters reported Monday, citing three anonymous sources familiar with the situation. The sources, who chose not to be identified due to the sensitive nature of personnel matters, confirmed the reductions on Monday.

The positions affected by these cuts were mainly occupied by junior bankers, such as analysts and associates. According to one of the sources, there is a possibility that these employees could be reassigned to similar roles within other areas of the company.

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