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Bank of America juniors will be reassigned — but not fired — if they accept PE jobs

Summary by Business Insider
Bank of America's NYC headquartersVIEW press/Corbis via Getty ImagesBank of America joined other firms in asking junior bankers to disclose future job offers.This follows similar policies by JPMorgan, Goldman Sachs, Citi, and Morgan Stanley.BofA's approach seeks to balance conflict-of-interest concerns with young bankers' ambitions.Bank of America's junior bankers are the latest young cohort on Wall Street to receive new guidance on accepting hu…

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Business Insider broke the news in United States on Wednesday, August 6, 2025.
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