Investment Banking

Bank of America joins rivals by asking juniors to disclose job offers

The US bank told analysts they will be assigned to another business area if they accept a job elsewhere 18 months after starting

Bank of America has joined rivals in asking juniors to disclose job offers
Bank of America has joined rivals in asking juniors to disclose job offers Photo: Michael Nagle/Getty Images

Bank of America has asked junior bankers to disclose job offers for 18 months after starting as large investment banks look to crack down on private equity poaching.

The Wall Street bank has joined rivals by asking its analysts to disclose if they have a job offer elsewhere, telling them that they will be reassigned to another business area if they have.

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