Bank of America execs warn junior staffers to ‘dress down’ as NYC crime surges

Amid a surge in some New York City violent crime, Wall Street bigwigs continue to encourage younger staffers to come into the office — but to do so with caution.


At Bank of America, senior executives have quietly encouraged younger employees to “dress down” to attract less attention as they make their way to B of A’s tower at 1 Bryant Park.


These execs have told their staffers that dressing up, or wearing anything with a Bank of America logo, could make them a target. One bank employee told On The Money he is on high alert after he spotted someone with a knife near the office during a recent trek to the Manhattan workplace.


Of course, it’s not just Bank of America where worries over crime pervade. The city reported a 15 percent increase in felony assaults over the past 28 days, as of Nov. 28, when compared to the same period a year ago, according to NYPD statistics. (Murder rates have surged 42 percent over the past two years, but remained largely flat over the past year.)



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Wall Street is reckoning with crime as they push for a return to the office.


One top executive at a large money management firm even recently began carrying a Taser as he commutes to his Midtown office, a person with direct knowledge of the matter told On The Money. And after daylight-saving time ended last month, more people are commuting home in the dark, giving worries over crime a renewed focus.



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Some B of A execs have told their staffers that dressing up, or wearing anything with a Bank of America logo, could make them a target. In areas surrounding Hudson Yards, the problem has been especially acute: For commuters coming into Penn Station or the Port Authority Bus Terminal, walking the few blocks to the Far West Side after dark on largely deserted streets, except for sometimes menacing vagrants, can feel dangerous, sources told On The Money.


Bank of America is adjacent to Times Square — and like Hudson Yards, many employees use Penn Station and Port Authority as transpo