According to a Bloomberg report, Bank of America fired at least 15 senior bankers at its investment-banking unit in Asia this week as it pares jobs globally.
Among those let go by the Charlotte, NC-based bank were three managing directors and 12 directors. Bank of America also eliminated junior positions and back-office jobs without providing details on those cuts, Bloomberg‘s sources said.
Most of the cuts came in Hong Kong, along with reductions in Singapore and Australia
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