2025 Return offer rates SLASHED
Word on the street from other intern buddies at banks are hearing that they're making the biggest cuts this year for return offers. What's everyone thinking? Is FT 2026 going to be a bloodbath?
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second time i have seen doomsday 2026 ft post what is going on ???Is this the same person or what
No just a shit year for IB. Also reflected in the poverty bonuses we just received
bump
It's going to be lower than peak years, but it's not like nobody is getting a return. Should just focus on trying to be the best intern possible, no matter what. On that note, if you are top of your intern class, you are fine. If not, I know some banks, and to be more specific, some groups (each group gets given headcount by HR) will not be giving returns to people purely due to headcount reasons. This job market and economy sucks; IB is not an exception here.
Can confirm, would expect 25% lower rates than past 3-4 year average
hearing some crazy #'s for return rates lmao.
bloodbath at my BB
what bank and why?
fr
I think it's been pretty clearly established that UBS, BoFa, and Barclays would have poor return rates if that's where you are. The An2 from this post and past posts is pretty clearly from Barclays, BoFA has just recently laid off a bunch of juniors, and UBS is drastically underperforming compared to expectations and even compared to 2024. So, 3/8 BBs/what people on this forum would call themselves as BBs, would have low return rates. Would be shocked if any of the other 5, but please correct me if wrong. Really any of the other 4 because GS gives everyone with a pulse returns (though they did analyst layoffs a few years back, if I am remembering firms right) no matter the year.
Most the BofA groups I heard were 90%+ for analysts
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