Bank of America announced its bonuses on Friday. There was good and bad news for people who work there. The good news, reported already by the likes of CNBC, is that Bank of America is making extra payments to employees earning below $500k. […]
Tag: Bank of America
First bank reveals bonus pool and it’s not bad
The bonus whispers have begun. If they’re to be trusted, JPMorgan traders can expect a 20% rise in bonuses but JPMorgan bankers can’t, and ‘flat will be the new up’ at Bank of America. One bank, however, has moved beyond the whisper stage. Today […]
Bank of America cautions obese employees on virus risk
Bank of America has cautioned its overweight employees that they may be at more risk of the virus. In a memo sent to staff globally last Friday, the bank highlighted recently updated medical guidance from the U.S. Centers for Disease Control and Prevention (CDC) which […]
Diversity programs at top investment banks, and how to access them
Diversity is a big deal to investment banks when it comes to graduate recruiting. As an industry that has a reputation for being largely male, predominantly white and the home of the economically privileged, a lot of energy is channelled […]
Bank of America’s ex-head of equity distribution is hiring for his hedge fund
Memories being what they are in financial services, some people may already have forgotten about Michel Sindelar, the former head of Eastern Europe, Middle East and Africa (EEMEA) equities and then EMEA distribution at Bank of America (BofA) who disappeared in October 2018. Not for long, however: Sindelar […]
Meet Bank of America’s new managing directors in Asia
Bank of America has elevated 74 people in its global markets unit to managing director, but few of them are based in Asia. There are some exceptions, however, and the vast majority of these newly promoted Asian MDs work in Bank of […]
This is what banks will say when they cut your bonus for 2019
If you think you’re going to get paid nicely for 2019, you might want put your head above the parapet and inhale the winds that were wafting around at this week’s Barclays Global Financial Services Conference in New York. JPMorgan, Bank of America, […]
The people you need to know on Bank of America’s MD list
Bank of America gave an early holiday present to nearly 140 employees this week when it announced its latest class of managing directors. Unlike some rivals like Goldman Sachs, Bank of America doesn’t publicize the names, but Business Insider was […]
Pourquoi Bank of America performe aussi bien dans les M&A en France ?
A première vue on pourrait se dire que Bank of America est à la traîne dans le classement France des revenus M&A engrangés par les banques établi par Dealogic sur les neuf premiers mois de l’année 2018. En effet, BofA […]
Brexit : les traders des banques américaines ne sont pas les seuls susceptibles de quitter Londres pour Paris
Bank of America, Citiroup, JPMorgan Chase et maintenant Goldman Sachs : les grandes banques américaines vont-elles faire de Paris leur principal hub de trading dans l’Union européenne ? Toujours est-il qu’entre les annonces officielles (ou officieuses) d’achats de licence bancaire, d’acquisitions […]