June 3 (Reuters) – Bank of America said on Wednesday it would welcome about 4,000 summer interns and full-time campus hires, signaling a commitment to entry-level talent even as the rise of AI fuels industry concerns over the future of junior banking roles.
The bank will make 2,000 full-time recruits and open 2,000 internship roles, according to an executive at BofA.
Comments from senior banking executives underscore growing industry anxiety over the disruptive potential of AI, which is increasingly automating complex, data-intensive tasks previously handled by human staff.
Wall Street’s integration of generative AI has cast a shadow over entry-level banking roles. However, BofA said it was committed to additional entry-level hiring initiatives.
(Reporting by Saeed Azhar in New York and Pritam Biswas in Bengaluru; Editing by Shreya Biswas)
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