BOFA moving associates out of IB?
Heard from a friend at an industry group there that bank wide they are moving some associates to a non banking role. Anybody hear more about this ?
Trending Content - Investment Banking Forum
| +225 | Coverage Banking is Paradise | 28 | 8h |
| +96 | London Recruiting is Paradise | 42 | 33m |
| +75 | My Motivation Is At An All Time High | 13 | 2d |
| +57 | Are Canadians still get jobs in the US? | 41 | 1h |
| +40 | Is 7 years in banking enough to retire, or am I delusional? | 24 | 6h |
| +32 | MM IB --> NYC IB? | 17 | 4h |
| +31 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 21 | 35m |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 21 | 1d |
| +24 | Should I escape the matrix | 3 | 2d |
| +23 | Lawyer moving into Banking | 19 | 8h |
Career Resources
Old news
Yeah, heard this happening in the last couple of days from a buddy of mine. Sounds like BofA is finally addressing the massive associate bloat while trying to avoid RIFs.
From my understanding, they have a track record of doing this.
Where exactly are people being moved to?
Will it be a less intense role with solid pay? If so, certainly not the worst outcome.
How many people? They did this last year too
Assumenda quia dolore est maxime aliquam. Optio fuga ut corrupti neque eveniet animi explicabo. Nesciunt reprehenderit quas vel soluta. Quia ut totam voluptatibus consequatur in et. Et odio corporis sit autem. Vitae quo rerum odio quia et aut ut.
Exercitationem omnis harum voluptatem. Optio pariatur ut ratione eos dolorem. Dolor autem ea ipsum aperiam nisi harum laborum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...