Bank of America appoints 334 new managing directors, down 8% from last year
Monday, 11 December 2023 Bank of America promoted 334 employees to managing directors, including 75 investment bankers and 64 trading division employees. The cohort is 8% smaller than the previous year, but over half are women and people of color. Goldman Sachs will promote 608 executives to managing directors next year, fewer than two years ago. Bank of America CEO Brian Moynihan expects the bank to outperform rivals in investment banking fees for Q4. The industry-wide investment banking fee pool is expected to decline by 10% to 15%.
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Census Data Shows , Mass Exodus , From California and New York .
'New York Post' reports that the population of
New York has fallen more than any other state
in the country over the course of last..
Credit: Wibbitz Top Stories Duration: 01:31Published