Bank Of America Recent Layoff Report 2024. Bank of america is planning to cut jobs in its investment bank, bloomberg news reported on thursday, which would add the lender to a growing list of wall street firms to that. Banks stocks with surprisingly high.

Jpmorgan chase, bank of america, and citigroup all saw profits drop in q4 thanks to higher interest rates and increased costs the fall of silicon valley bank. The final jobs report before election day presented a murky picture of the economy, with just 12,000.