(Reuters) - Bank of America Corp
The job cuts would affect less than five percent of employees at the two units, with some staff members volunteering to leave the company, Bloomberg said.
The bank's head of U.S. investment-grade industrials trading, Thomas Skove, was among those asked to leave, Bloomberg reported citing two of the people.
Bank of America hired Jon Klein from Credit Suisse Group AG
Bank of America could not be reached for comment outside normal business hours.
(Reporting by Rohit T. K. in Bangalore; Editing by Stephen Coates)