Would a prospective employer contact my current employer for any reason?

Dear all,

If I submit a job application to a BB, would the prospective employer contact my current employer for any reason, as part of the application process? I am worried that my current employer would hear that I am looking for other opportunities - this could negatively affect me during performance ranking this year.

Should I be worried? My friends tell me that major banks would only contact the specific referees that I provide, and even so only after I pass the interview and am close to being hired.

 

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