Like UBS, Deutsche Bank not taking many interns
Deutsche Bank has announced that many of their interns are in jeopardy of or will not be getting any full time offers at all.
For the internal risk function(MO), as well as Global Transaction Banking, only about 30% of interns will be hired.
For the internal finance function (MO), NONE of the more than a dozen interns will be getting offers.
For the FO, it is rumored that at most half will be getting a chance at full time employment.
All of this news comes just as UBS fired 30 full timers, as well as making serious cuts to their intern class. Not a good time to be breaking into the industry.







Europe... the plague will
Europe... the plague will never leave.
Just saying...
bronzbomba: Deutsche Bank has
Deutsche Bank has announced that many of their interns are in jeopardy of or will not be getting any full time offers at all.
For the internal risk function(MO), as well as Global Transaction Banking, only about 30% of interns will be hired.
For the internal finance function (MO), NONE of the more than a dozen interns will be getting offers.
For the FO, it is rumored that at most half will be getting a chance at full time employment.
All of this news comes just as UBS fired 30 full timers, as well as making serious cuts to their intern class. Not a good time to be breaking into the industry.
Is this only for FO and MO positions? What about BO?
I ve got 3 spare jobs at KKR,
I ve got 3 spare jobs at KKR, pm me.
"Every man should lose a battle in his youth, so he does not lose a war when he is old"
What do you guys think the
What do you guys think the intern hiring outlook is for summer of 2013? Will there be far fewer spots at most BBs?
seville: bronzbomba: Deutsc
Deutsche Bank has announced that many of their interns are in jeopardy of or will not be getting any full time offers at all.
For the internal risk function(MO), as well as Global Transaction Banking, only about 30% of interns will be hired.
For the internal finance function (MO), NONE of the more than a dozen interns will be getting offers.
For the FO, it is rumored that at most half will be getting a chance at full time employment.
All of this news comes just as UBS fired 30 full timers, as well as making serious cuts to their intern class. Not a good time to be breaking into the industry.
Is this only for FO and MO positions? What about BO?
Not sure about BO, I don't interact much with them.
Not surprising to me, DB was
Not surprising to me, DB was the only bulge bracket that didn't recruit for summer at my school.
SECfinance: Not surprising to
Not surprising to me, DB was the only bulge bracket that didn't recruit for summer at my school.
Which SEC school are you at? UF?
I didn't say it was your fault, I said I was blaming you.
US Banking system is
US Banking system is leveraged 13 to 1
Europe's Banking system is leveraged 26 to 1. German banks are at 32 to 1.
Colourful TV, colourless Life.
How about Nomura?
How about Nomura?
The difference between successful people and others is largely a habit - a controlled habit of doing every task better, faster and more efficiently.
mhurricane: How about
How about Nomura?
Take a look at this.
http://dealbook.nytimes.com/2012/07/26/nomura-chie...
Neighbor: SECfinance: Not
Not surprising to me, DB was the only bulge bracket that didn't recruit for summer at my school.
Which SEC school are you at? UF?
No longer at an SEC school.
And by the time kids in
And by the time kids in college like me graduate, this industry may not be as attractive anymore. Hopefully this wont leave countless bankers with unneeded skill sets.
.s
.s
I know many interns there and
I know many interns there and they don't seem worried about this, and it doesn't seem true at all. Last year acceptance rate was very high
seville: mhurricane: How
How about Nomura?
Take a look at this.
http://dealbook.nytimes.com/2012/07/26/nomura-chief-resigns-amid-insider-trading-scandal/
Come on, you do not think I know that? Why do you think I asked? Lol.
The difference between successful people and others is largely a habit - a controlled habit of doing every task better, faster and more efficiently.
What is your source? I find
jrt336: What do you guys
My name is Nicky, but you can call me Dre.
a) Source? ; b) This only
You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditonal formatting and circular references.
Zweihander: a) Source? ; b)
The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
Most of the rising freshman
3176401: Most of the rising
Dreamgazing: 3176401: Most
come join our structured
Dreamgazing: 3176401: Most
There is plenty of other
I was really hoping things
I have a competition in me. I want no one else to succeed.
idrankmalk: I was really
since when was the internal
I knew I should have followed
GBS
3176401: Most of the rising
Work hard, play hard.
I've heard that DB is strong
IlliniProgrammer: 3176401:
@jrt336- I had the same
I was a summer at DB last yr.
But, but, I thought accepting
offer rates within IBD for C,