Bank of America
Bank of America targets ultra wealthy with private asset perks
Expanded private markets programme is available for clients with a net worth of $50m or above
2 min read
Bank of America promotes Ahmad and Joo to co-heads of investment banking
The US bank has changed the leadership at the top of its dealmaking unit
1 min read
Bank of America joins rivals by asking juniors to disclose job offers
The US bank told analysts they will be assigned to another business area if they accept a job elsewhere 18 months after starting
1 min read
How Brexit changed the way Wall Street banks tackle Europe
While the prophecies of instant disaster for the City never came true, many US banks are now looking all over the EU as well as in London when they want to hire or boost business
8 min read
Banks are bringing in AI ‘Maestros’ to beat their competitors
Trading desks are cautiously embracing generative AI to boost efficiency
4 min read
Wall Street banks notch up $34bn in trading revenue after tariff turmoil
US banks have capitalised on big market swings from Donald Trump’s trade war
2 min read
Bank of America traders bail out dealmakers with $5.3bn haul after tariff chaos
US bank joins rivals in reporting blow-out quarter for trading fees
2 min read
Banks had a blistering rally. Earnings are the next test
The stocks have surged to prices that may give them little room for error as investors evaluate the results
3 min read
Ex-Bank of America trader joins Sumo as head of systematic fixed income trading
Jugakalpa Das’ six-member pod will start trading for Sumo in July
1 min read
Bank of America, JPMorgan analysts top ‘City Oscars’ as research tipped to pick up
JPMorgan jumps three places in the 2025 rankings to take joint top spot
3 min read
Wall Street banks have added 11,000 EU jobs since Brexit
In the five years since the UK officially left the EU, the world’s biggest investment banks have shifted thousands of roles
4 min read
Bank of America executive tapped for senior Treasury role
Jim O’Neil named second permanent secretary, filling a post empty since 2022
Bank of America ups cap on bonuses for top UK employees to 10 times salary
The US bank has joined Wall Street rivals by scrapping a long-standing cap on bonuses for key UK staff
Bank of America’s stock traders book record quarter as markets swing
US bank joins rivals in reporting blow-out quarter for trading fees
Banks lock in key staff with big retention bonuses as private credit circles
Senior investment bankers are being offered lucrative pay packets that will keep them at their firms for years. Can they stave off the appeal of private credit and private equity?
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Stressed junior bankers work harder as lay-offs hit
Analysts and associates in investment banking are facing more pressure as job cuts and slow replacement of departing employees leads to thinner teams
5 min read
Bank of America cuts 150 junior investment banking jobs
The US lender has taken the axe to junior banker jobs
2 min read
European investment banks stand firm on diversity as Wall Street wavers
Executive orders by US president Trump have put diversity programmes in the cross-hairs. European investment banks are striking a more defiant tone than their US rivals
4 min read
Bank of America’s traders book record year after final-quarter Trump surge
The market volatility created during the US presidential elections in November has spurred a bumper quarter for investment banks
2 min read
Bank of America bond losses could top $100bn due to rising rates
The Wall Street bank has the largest unrealised losses in the sector and could be a focus of investor attention
4 min read
