Market Chatter: Bank of America Promotes 387 Employees to Managing Director-February 2024-www.financetom.com

Market Chatter: Bank of America Promotes 387 Employees to Managing Director

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Market Chatter: Bank of America Promotes 387 Employees to Managing Director

Dec 12, 2024 2:21 AM

04:49 AM EST, 12/12/2024 (MT Newswires) -- Bank of America ( BAC ) has promoted 387 employees to managing director in 2024, 16% more than in the previous year, Reuters reported Wednesday, citing a person familiar with the matter.

More than half of the promoted employees were women and people of color, the report said.

Bank of America ( BAC ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Previous page： L3Harris' IMS, Aerojet, Communications Segments Seen 'Trending Ahead' of Expectations, RBC Capital Says Next page： Hershey Posted Q3 Beat on Robust Non-Seasonal Consumption, RBC Analysts Say

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

L3Harris' IMS, Aerojet, Communications Segments Seen 'Trending Ahead' of Expectations, RBC Capital Says

Oct 31, 2025

11:29 AM EDT, 10/31/2025 (MT Newswires) -- L3Harris Technologies' ( LHX ) Integrated Mission Systems, Aerojet Rocketdyne, and Communications businesses are trending ahead of RBC's expectations, even as the company is now guiding to more than $23 billion in 2026 sales, RBC Capital Markets said in a Friday research note. RBC said it has increased its Aerojet Rocketdyne segment growth...

Hershey Posted Q3 Beat on Robust Non-Seasonal Consumption, RBC Analysts Say

Oct 31, 2025

11:27 AM EDT, 10/31/2025 (MT Newswires) -- Hershey (HSY) outperformed in Q3 across all segments on robust non-seasonal consumption, RBC Capital Markets said in a Friday research report. The company raised its fiscal year topline guidance but retained its EPS forecast, implying lower growth in Q4 compared with earlier expectations, according to the note. In the salty snacks segment, volume...

Comcast's Investment Plans to Weigh on Profitability Through 2026, BofA Says

Oct 31, 2025

12:07 PM EDT, 10/31/2025 (MT Newswires) -- Comcast's ( CMCSA ) Q3 results topped expectations with a smaller broadband subscriber loss, though ongoing investment plans are expected to weigh on profitability through 2026, BofA Securities said in a Friday note. The firm expects broadband average revenue per user to decline for several quarters, driving a sharper drop in Connectivity &...

Harley-Davidson Q3 May Be Worse Than Expectations, UBS Says

Oct 31, 2025

12:08 PM EDT, 10/31/2025 (MT Newswires) -- Harley-Davidson ( HOG ) is likely facing a worse-than-expected drop in US retail sales for Q3, UBS Securities said in a note Friday. The Q3 results are due Nov. 4. US retail sales for Q3 may be down double-digits, worse than the mid-single digit industry decline that PII noted for its Indian brand,...