Has the good talent left / leaving BofA given everything going on?
Curious to hear after the tragedy, poor pay, and junior reductions if high performing ASOs, VPs, Ds, etc. are making lateral moves
Lateraling is too competitive now because the lateral market is dead. More and more layoffs across firms rather than spots opening up; expect to see more BoFA people move as/if the market re-opens. Would assume BoFA and UBS/CS people will take a lot of the lateral spots since those two firms both have had terrible pay and a ton of layoffs (lack of job security) recently, will be very interesting to see how much of talent they lose. Know both paid their high-performing seniors well (have friends at both), but from this forum seems like juniors got shafted so will see a lot of movement from there.
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