Difference Between Investment Banking and Wealth Management

Discover how investment banking focuses on corporate clients for mergers & IPOs, while wealth management caters to individual ...
U.S. News & World Report

Bank of America Cuts 150 Junior Jobs in Investment Banking, Sources Say

NEW YORK (Reuters) -Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday. The bank's latest cuts follow similar ...
Business Insider

JPMorgan is boosting its junior-banker ranks

JPMorgan is ramping up its hiring of investment-banking analysts and associates. The bank recently limited work hours for juniors and reported a 31% jump in deal fees. The fourth quarter is usually a ...
Bloomberg L.P.

Barclays Cuts More Than 200 Investment Bank Jobs to Reduce Costs

Barclays Plc is preparing to cut more than 200 jobs in its investment bank in the coming days as part of Chief Executive Officer C.S. Venkatakrishnan’s plan to boost the profitability of the division.