See salary and bonus figures for more than 900 investment bankers, from analysts to MDs, surveyed by recruiting firm Prospect ...

Bank of America is reinventing the role of the investment banking "staffer," responsible for doling out tasks to junior ...

The bank is making changes after reports suggested managers pressured junior bankers to lie about their working hours.

The financial institution also eliminated around 150 junior investment banking roles last week.

Senior bankers at the company now have the responsibility to make sure that their junior colleagues are not weighed down by ...

Global banking and global markets accounted for a combined 45% of its net income in the fourth quarter. Wall Street investment banker Goldman Sachs is reducing its staffing by 3% to 5% in an ...

President Donald Trump picked Federal Reserve Governor Michelle Bowman to serve as the central bank’s vice chair for ...

To carry out its oversight program, BofA has long relied on what it calls a chief resource officer model. Under this model, ...

The fear of a potential recession due to the ongoing tariff wars and spending cuts by DOGE (the Department of Government Efficiency) under the ...