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Bank of America has announced a leadership reshuffle within its global corporate and investment banking division. Faiz Ahmad and Mike Joo have been appointed as the new co-heads of global investment banking. Alex Bettamio and Thomas Sheehan will transition to chairs of GCIB, focusing on strengthening client relationships. BofA currently holds a 6% market share in global investment banking revenue.
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News and Media
The Centers for Disease Control and Prevention (CDC) is issuing permanent termination notices to at least 600 employees following a recent court decision. These cuts affect various departments, including violence prevention, impacting experts trained to address such issues.
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In Washington DC, federal prosecutors will stop felony charges for rifle or shotgun possession. US Attorney Jeanine Pirro cites Justice Department guidance and Supreme Court rulings. Local authorities can still prosecute unregistered firearms. This policy shift aligns with President Trump's crime emergency declaration. The White House reports seizing 76 firearms this month.
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News and Media
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