Bank of America CEO says he hired 2,000 recent Gen Z grads from 200,000 applications, and many are scared about the future
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Bank of America CEO says he hired 2,000 recent Gen Z grads from 200,000 applications, and many are scared about the future
Updated: 2026-01-03T13:30:00Z
Bank of America CEO Reveals What It Takes to Get Hired by One of America's Biggest Banks
In an interview, Brian Moynihan, CEO of Bank of America, shared some surprising statistics about his company's hiring process for recent Gen Z graduates. With a staggering 200,000 applications received from young adults in the last year alone, the bank managed to select just 2,000 candidates to join their team.
According to Moynihan, these chosen few were picked based on their skills, attitude, and willingness to learn. But despite being employed by one of America's biggest banks, many of these new hires are expressing anxiety about the future. It seems that even with a stable job, financial uncertainty still looms large for some young people.
So what can we learn from this? One thing is clear: getting hired by a big bank isn't just about having the right skills or experience. It's also about attitude and adaptability in an ever-changing work environment. As Moynihan put it, "We're looking for people who are willing to learn, grow, and take on new challenges."
What Does This Mean for Your Future?
We asked our team of career experts to weigh in on what this means for young adults looking to start their careers. Here's what they had to say:
- Develop your skills**: Whether it's learning a new language, getting certified in a specific field, or simply staying up-to-date with industry trends, investing in your education is key.
- Be adaptable**: The job market is constantly changing, and being flexible is crucial for success. Stay open-minded and be willing to take on new challenges.
- Stay positive**: Even with a stable job, financial uncertainty can still creep in. Focus on building multiple income streams, saving regularly, and staying informed about your finances.
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