Bank of America has raised its national minimum wage to $24 an hour, bringing the minimum annualized salary to $50,000, according to a statement released today. That’s $20,000 more than ...

Investing.com -- Bank of America has reportedly let go of 16 bankers in Hong Kong, as part of a wider global reduction of its investment banking personnel, according to Reuters, citing two sources ...

Investing.com -- Bank of America (NYSE: BAC) has reportedly let go of 16 bankers in Hong Kong, as part of a wider global reduction of its investment banking personnel, according to Reuters, citing two ...

Bank of America cuts 16 Hong Kong bankers amid global workforce reduction - Reuters Open in App ...

Bank of America, symbol BAC, is one of the leading financial institutions in the United States, boasting over $3.0 trillion in assets. Its operations are spread across consumer banking, global ...

This reduction might hint at Buffett's nuanced view of the financial sector's near-term prospects or a simple reallocation of resources within Berkshire's vast portfolio. Currently, Bank of America's ...