FT Lateral Market?
Title. Anybody seeing success so far this summer? Opportunities seem to be limited
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The IB lateral market is extremely tough at the moment especially for analysts. There might be ~3 actual openings in total across the top BB/EBs at the analyst level at this moment, and they are each likely getting tens of thousands of applicants, many of whom were previously laid off. You must be a top top candidate to even have a chance of lateralling, and must have extremely strong technicals / interview skills. I'm a top bucket analyst from a UBS/Barclays tier bank and haven't gotten any traction with IB lateral recruiting over the past 6 months.
Why are you trying to leave if you’re at one of those shops.
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