Another investment banking exit at Barclays

Bank of America (BAC +0.4%) names Jeremy Murphy a managing director in its consumer and retail investment banking unit after he exited a similar position at Barclays (BCS -1.5%).

Barclays is in the midst of restructuring its investment banking division, and management has promised 7K job cuts by 2016. The challenge is cutting heads without cutting revenue.

From other sites
Comments (2)
  • dictionshunary
    , contributor
    Comments (746) | Send Message
    Good positive sign for BAC and those of us who have chosen to get and stay long.
    30 Jun 2014, 02:21 PM Reply Like
  • Fanebrb
    , contributor
    Comments (664) | Send Message
    Still gotta long way togo to recover frm 2008.
    30 Jun 2014, 05:01 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs