Tag Archives: Reassign

BofA to Reassign, Not Fire, Juniors Who Take Private Equity Offers

BofA to Reassign, Not Fire, Juniors Who Take Private Equity Offers

Bank of America’s junior bankers are the latest young cohort on Wall Street to receive new guidance on accepting hush-hush private equity jobs while employed by the bank. The Brian Moynihan-led bank will ask its analysts to disclose whether they have offers for future-dated jobs, according to a person with direct knowledge of the matter. The policy was first reported …

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