Bank of America planning to welcome nearly 4,000 interns and campus recruits this year, maintaining its investment in early-career hiring as artificial intelligence becomes a larger part of the financial industry’s operations.
Major firms have been citing AI restructuring as a reason for laying off hundred and thousands of employees for the past year but this new initiative might be a relief for anxious college students.
The incoming class includes around 2,000 summer interns and 2,000 campus hires joining the bank’s various business lines. The bank made the announcement in a time where financial firms across Wall Street continues to adopt AI tools, prompting questions about the future of entry-level jobs in the sector.
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According to Bloomberg, the Bank of America received roughly 315,000 applications for its internship and campus recruitment programs so far. The bank’s hiring plans tells us that it continues to view these programs as an important source of future talent despite growing use of automation and AI technologies.
Josh Bronstein, the bank’s head of global talent, said the company remains focused on developing employees through its internship and campus recruitment programs. He told Bloomberg that the bank is continuing to invest in young professionals while also preparing them to work with emerging technologies.
Interns and new hires are set up to receive training related to artificial intelligence and its use within the organization. The bank has increasingly incorporated AI tools into its operations and employee workflows, reflecting broader adoption of the technology across the banking industry.
The hiring program comes at a time while ongoing debate over how AI will reshape employment across finance and other sectors all over the world. Several major financial institutions have expanded their use of generative AI tools in recent years, with applications ranging from research and administrative tasks to customer support and internal productivity functions.
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Bank of America, however, is continuing to recruit thousands of students and recent graduates through its annual programs. The bank said the incoming interns and campus hires will work across its businesses while gaining experience in an industry undergoing significant technological change.
The 2026 recruiting class represents one of the bank’s largest annual investments in early career talent among youth, underscoring its continued reliance on internship and campus hiring programs as part of its broader workforce strategy.