26 Comments
 

Not a bloodbath at my bank like it was last year but still by no means was it a “offer is yours to lose”.  heard of a couple of decent interns who didn’t get returns. For context - At a BB, ~70% returns.

 

Banks are usually pretty good at picking people/weeding them out. There are always a few interns who are too dense, not professional enough, not social enough, or not a good culture fit. Those are usually the most common. There are usually like 1-2 that get screwed every year across a large bank probably who were good interns but simply not enough seats at the group, but those are a pretty small chunk always and those kids often end up doing fine (either go to another firm or end up finding something else; have also seen cases where these kids get support from the juniors in terms of re-recruiting). 

 

This guy has completely false info - everything on this mini thread is wrong fyi. Really annoying when people come on this site pretending to have info but don't

 

Probably good as always. The LA team had low return offer rate not due to head count issue but because of quality of interns. 

 

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