NEW YORK, March 11 (Reuters) - Bank of America's ( BAC )

latest cull has eliminated 150 jobs of junior bankers at its

investment bank, two sources familiar with the matter told

Reuters on Tuesday.

The second-largest U.S. lender will offer the vast majority

of junior bankers, which include associates and analysts, other

roles outside of investment banking, the second source told

Reuters.

However, some junior bankers have opted to leave rather than

take other roles, the first source said.

The sources declined to be identified because the

information is not public.