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Bank of America (BAC) to Announce Hefty Bonus for Investment Bankers
BACBank of America(BAC) ZACKS·2025-01-10 20:00

Bank of America Corporation’s (BAC) shares have underperformed the industry over the past few months. Yet, reports suggest that the bank’s bonus pool for investment bankers will probably rise 10% when it is announced in February.The investment banking business has been showing signs of resurgence despite the challenging macroeconomic environment that is weighing on it. Banks around the world have benefited from an uptick in mergers and acquisitions and a surge of underwriting for bonds and equities. Also, w ...