(Bloomberg) -- HSBC Holdings Plc’s US operation is zeroing in on what it sees as key investment-banking units after getting out of mergers and acquisitions and equity capital markets in the region.

Liubomyr Vorona / Getty Images An investment bank, which includes the likes of Bank of America, JPMorgan Chase, and Goldman Sachs, finances or facilitates trades and investment on a large scale ...

The bank previously relied on midlevel employees on one-year rotations to assign work to its thousands of junior investment bankers. One of their responsibilities was supposed to be ensuring young ...

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 exercises at ...

Bank of America axed a slew of investing banking jobs on Monday, sources told Reuters. The company laid off junior bankers, analysts, and associates, some of whom could potentially get roles ...

NEW YORK, March 11 (Reuters) - Bank of America (BAC.N), opens new tab has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday.

“Such a move could result in equity write-offs of nearly 100 per cent for the affected projects, jeopardising approximately over US$13 billion in investment,” the letter said ... “risks undermining ...

NEW YORK, March 10 (Reuters) - Bank of America (BAC.N), opens new tab eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the ...