Bank of America Says 21-Year-Old London Intern Dies

Bank of America Corp. said a 21-year-old intern died one week before completing a summer program.

Moritz Erhardt, who was on a seven-week pre-graduate program in London, died Aug. 15, Bank of America spokesman John McIvor said by telephone today. The death is being treated as non-suspicious, a spokesman for the Metropolitan Police in London said in a statement.

“He was popular amongst his peers and was a highly diligent intern at our company with a promising future,” Bank of America said in its statement. “Our first thoughts are with his family and we send our condolences to them at this difficult time.”

Erhardt was found unconscious at Claredale House, a student residential facility in East London. He was pronounced dead at the scene after being treated by paramedics, said the police spokesman, who asked not to be identified, citing agency policy.

Erhardt had been an exchange student at the University of Michigan’s Stephen M. Ross School of Business and attended WHU -- Otto Beisheim School of Management in Vallendar, Germany, according to his biography page on social-network site

‘Deeply Shocked’

“We are all deeply shocked and saddened,” Peter Augustin, a spokesman for the German business school, said in an e-mail. “At the moment, we do not yet know further details. What we can say is that Moritz was a wonderful person and a dedicated student.”

In addition to Charlotte, North Carolina-based Bank of America’s investment-banking division, Erhardt also said he had work experience at KPMG Consulting, Morgan Stanley and Deutsche Bank AG’s corporate finance division.

He went to high school at Faust-Gymnasium in Staufen, Germany, where he excelled in math and tennis, according to the biography page. His hobbies included sports and politics, according to the profile.

(Updates with school comment in sixth paragraph.)
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