BofA withdraws job offers to foreign MBAs
By Della Bradshaw in London
Published: March 9 2009 00:07 | Last updated: March 9 2009 00:07
Bank of America has become the first US bank to withdraw job offers made to
MBA students graduating from US business schools this summer, citing
conditions laid out in its bail-out deal as the reason.
The recently passed $787bn stimulus bill in effect prevents financial
institutions that have received money from the government’s troubled asset
relief programme fr