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Bank of America to cut Asia investment banking jobs
NEW YORK: Bank of America is set to cut around two dozen investment banking jobs in Asia, including some top dealmakers, sources said, as a slowdown forces western
Published on: Sep 27, 2016, 11:09:51 IST
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NEW YORK: Bank of America is set to cut around two dozen investment banking jobs in Asia, including some top dealmakers, sources said, as a slowdown forces western banks to cut costs. This comes after Goldman Sachs on Friday said it was planning to cut 30% of its 300 investment banking jobs in Asia outside Japan due to a fall in activity.
