Morgan Stanley Freezes Hiring for Investment Bank

http://www.bloomberg.com/news/2010-09-27/morgan-s…

Morgan Stanley said to freeze Investment banking hiring for the rest of 2010. Is this going to be a trend among other big banks? Has the current economic economy forced recruiting to a halt? Anyone with an idea of how the recruiting landscape is changing, please elaborate.

Mod Edit: Repost. See //www.wallstreetoasis.com/forums/morgan-stanley-sai…

7 Comments
 

heard similar things - more specifically, the entering ibd analyst class of 08 is close to full, if not full already, at ms, ml, jpm, citi, db, and lehman (as usual). anyone care to confirm?

 

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