BANK of America (BofA) plans to ask about 40 bankers in Asia to look for jobs in other divisions as it looks to manage the industry-wide decline in dealmaking while trying to avoid headcount reduction, a person familiar with the matter said.
- Advertisement -
Most Popular
Firmer rates, wealth gains likely to lift Singapore banks’ Q2 results
Local banks are in focus this week as investors look for clues on whether Q2 tailwinds can extend into the year
