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Fairly certain Barclays is not
GS, Citi, CS are. ML is not.
This is not true. I work at citi and we are definitely recruiting on campus and holding superdays.
so, which part is not true? no wonder you work at Citi ;)
They WERE, but suspended interviewing indefinitely after the merger announcement.
Yup, they started calling Lehman SAs this week to let them know they were officially being brought over and to expect an offer letter in a week.
which divisions?
JP is recruiting for IM/private banking here. CS isn't doing banking, but has other stuff. Only GS, Citi and Lazard came for banking.
GS is apparently no longer looking for banking...which just leaves Citi and Lazard
Someone had told me that Lazard had filled every slot for their 2009 IBD class.
a lot of banks are just showing up for formality. keeping good relations with the school and career center. at the end of the day, they will probably hire no one.
=== http://bankertimes.com news by bankers, for bankers
[quote=peanutbutterjelly]a lot of banks are just showing up for formality. keeping good relations with the school and career center. at the end of the day, they will probably hire no one.
that's fucking depressing---i'd almost rather them not come at all if they're definitely not going to be hiring... why lead us on if that's really the case?
i heard about Citi's superday last year. They brought a ton of applicants into the building, and they did not give an offer to anyone. On top of that, they ended up rescinding 5 offers.
...probably just trying to keep relations on campus. but it would really matter for the top targets.
you heard incorrectly about our superday last year. i have several kids in my group specifically that came through the superday process. Overall, we had approximately 20+ people make it through the superday process. Those people had to go through a rush process when deciding what groups to join in IBD.
They rescinded more than 5 offers... they actually gave out way more offers than they had spots for and ended up using a lame excuse to "fail out" a good percentage of their class during training.
LOL here i come emerging markets!!!
there are just way too many bullshit rumors on this message board about who's coming, who's not hiring...etc
just apply to everything you can and knock on wood
I was told by Lazard that they have filled their analyst class for the I-bank. Some boutiques are still interviewing.
The problem is, a pretty standard line for IB's when a resume isn't up to scratch is 'we've filled our 200x class'.
Kinda like the banking equivalent of 'it's not you, it's me',
Morgan Stanley has a position in the Treasury group (essentially liquidity management) on our career site, but it has been up there for about 8 months now, so it might not be active
ms internal postings are always off ive heard. ive also heard ms isnt hiring anymore
how strong is the GS fact? They told us a superday date when they were on campus so I'm not sure if things have changed. Or do you mean they'll still do the superday but hire noone? (that would be pretty crummy!)
UBS is interviewing second year b-school students for a few full time slots.
GS is definitely recruiting - at least they are budgeting a decent amount towards FT recruiting relative to the other banks. Not sure how many will end up with a position, but I know they are still holding interviews, superdays, and all that jazz. It might just be to go through the motions and maintain relationships, but I think this is important considering that firms such as MS and ML are totally cancelling their interviews to save the T&E expenses.
Is ML still a firm?
ML is coming to my school to recruit.
ML is still recruiting. Whether theyll take anyone is a totally different question. Someone on this board mentioned a disconnect between HR reps and what is going on at a corporate level. ihavemoneynow said it best, way too many rumors. Apply all over the place and keep your fingers crossed.
MS is still recruiting. flying people up for superdays and stuff
But do you know if they are actually hiring? A friend at the firm said they were canceling S&T interviews and not even taking people for IBD.
Just what I've been told...ionno..
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