The bank is making changes after reports suggested managers pressured junior bankers to lie about their working hours.
Charlotte-based BofA previously relied on a rotating chief resource officer to manage junior bankers’ workloads and career ...
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More Americans plan to buy a new home, appliance, or car in the next 12 months than a year ago, a Bank of America consumer ...
According to Bank of America’s monthly fund manager survey, there was the second-biggest drop in global growth expectations in the history of the survey, the biggest drop in the allocation to U.S.
Senior bankers will replace mid-level managers in enforcing workload restrictions, The Wall Street Journal reported, citing an anonymous source.
To carry out its oversight program, BofA has long relied on what it calls a chief resource officer model. Under this model, ...