‘We never lay off people’: This is how Bank of America’s CEO programs to minimize employee ranges

Vital Details

Goldman Sachs and Morgan Stanley have reduce employees in advance of a possible financial downturn, but Lender of The usa CEO Brian Moynihan and his CFO have reported they really don’t see the need for layoffs.
That does not indicate Financial institution of America’s head depend will not likely shrink as it seems to be to slice expenditures.
“We’re up to about 215,000 [employees] we require to operate that back down,” he said Tuesday.

Resource

Finance

Stocks making the biggest moves midday: Fortinet, Moderna, Intel, Bausch Health & more

January 23, 2026

Check out the companies making headlines in midday trading. Fortinet — Shares jumped more than 7% after TD Cowen upgraded the cybersecurity stock to buy from hold, saying rising memory prices won’t hurt the company as much as some suspect. The firm’s $100 price target suggests 29% upside ahead. Bausch Health — The pharmaceutical stock […]

Finance

There’s a new idea of alpha in the market that big fund managers are pursuing

January 23, 2026

ETF Edge There’s a new idea of alpha in the market that big fund managers are pursuing Published Fri, Jan 23 202610:32 AM ESTUpdated 15 Min Ago Krysta Escobar Eric Rosenbaum@erprose WATCH LIVE Source

Finance

Stocks making the biggest moves premarket: Intel, Nvidia, Life360, Capital One & more

January 23, 2026

Check out the companies making headlines before the bell. Intel — Shares fell 13% after Intel reported mixed results for the fourth quarter, in addition to issuing softer guidance than expected for the current three-month period. The company posted 15 cents per share on an adjusted basis, topping analysts’ consensus estimate of 8 center per share, […]