Apply for SA if graduate fails?

I was under the impression that if banks rejected you for a graduate role, there wasn't much point in applying for a summer role.

However, a top-few just carried forward my (rejected last November) graduate application to a summer internship application in two different divisions for two different regions.

Should I assume that banks are very happy to consider graduate-rejects for summer roles, even if they aren't as enterprising as to fill in your second application themselves?

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